Indiana Resources Limited announced the appointment of Michael (Mike) Rosenstreich as an Independent Non-Executive Director to the Board with immediate effect. Mr. Rosenstreich is a geologist with more than thirty years' experience in exploration and development across multiple commodities including gold, base metals and specialty energy materials. Mike also brings to the Board a strong blend of resources banking and corporate management expertise, having held senior management roles with NM Rothschild & Sons and several listed ASX companies.

Mr. Rosenstreich currently serves as Managing Director of Helix Resources Ltd. Mike also has experience working on international arbitration cases, having held the position of Chairman at Tantalum International Ltd. when the company's world-class tantalum-tin project was expropriated by the Egyptian Government. Mike led a successful settlement negotiation with the State of Egypt and distributed net funds to shareholders.