The Directors of Eastern Iron Limited are pleased to announce the appointment of Mr. Dahui Zhang and Mr. Yungang Wu to the Board. As indicated in the Company's ASX announcement of 14 January 2016, Mr. Zhang and Mr. Wu have been nominated as Directors by Fortune Future Holdings Ltd. following its $2 million investment in the
Company. Mr. Zhang previously served as an officer of Australian listed mining companies Sino Gold Mining Limited and Focus Minerals Ltd. He is currently Managing Director of CMOC Mining Pty Ltd. and CMOC Mining Services Pty Ltd. Mr. Wu is currently a non-executive director of GoWest Gold Ltd.