King Island Scheelite Ltd., non-executive director Mr. Li Li has appointed appointed Mr. Chen Yao as his alternate director, replacing Ms. Wu Fang. On March 6, 2012, Mr. Chen consented to his appointment as Mr. Li Li's alternate. Yao joined HNC (Australia) Resources Holding Pty Ltd. since 2009 and has been working as an administrator in HNC Australia and its subsidiaries.