The Board of Kinetic Mines and Energy Limited announced that Mr. Shi Xiaoyu has tendered his resignation as the company's independent non-executive director, chairman of remuneration committee and member of nomination committee with effect from April 22, 2016 to allow him to devote more time to his personal commitments. The Board announced that Ms. Xue Hui has been appointed as the company's independent non-executive director, chairman of remuneration committee and member of nomination committee with effect from April 22, 2016.