The board of CGN Mining Company announced that Mr. He Zuyuan has tendered his resignation as an executive Director, vice president and member of the remuneration committee of the company with effect from 25 June 2015 in order to devote more time to pursue other career developments. The board announced that Mr. Xing Jianhua has been appointed as an executive Director, vice president and member of the Remuneration Committee of the Company with effect from 25 June 2015. He would continue to take the office of chief financial officer of the company.

Mr. Xing is currently the chief financial officer of the Company and was a non-executive director of the company from 5 December 2013 to 1 June 2014. Mr. Xing is also a non-executive director of Energy Metals Limited. Prior to joining the company, he had served as the deputy head and technician of the Miners Bridge area of Yinggangling Mining Bureau of Jiangxi Province, the deputy section head of the Finance Department of Changsha Research Institute of Mining and Metallurgy, general manager of the Finance Department of China Potevio and general manager of the Finance Department of CGNPC.

The board announced that following the resignation of Mr. He as an executive Director, Mr. He has ceased to act as the authorized representative under the Listing Rules and the authorized representative of the company for accepting service of process and notice in Hong Kong under the Companies Ordinance, and Mr. Xing has been appointed as the replacement of such positions, both with effect from 25 June 2015.