PetroNor announced that the Company is planning to redomicile to Europe in order to streamline its corporate structure and reduce corporate overheads. Upon completion of the proposed redomiciliation, the Company will no longer require Australian based Directors. Timothy Turner, an existing Australian based Director, has informed the Board of his intention to resign from his role as Non-Executive Director of the Company with immediate effect. The Board will announce the appointment of interim directors in Australia in due course to ensure compliance with the existing requirements until completion of the redomiciliation, expected to occur in H2'2020.