Mr. Paul Chapman, a founding shareholder and Chairman of Silver Lake Resources Ltd. ("Silver Lake") since 2004, has announced his intention to resign effective September 30, 2015. The board announced the appointment of Mr. David Quinlivan as Non- Executive Chairman elect. Mr. Quinlivan will join the board as a Non-Executive Director on June 25, 2015 and will succeed Mr. Chapman as Non- Executive Chairman on September 30, 2015. Since 1989, Mr. Quinlivan has served as Principal of Borden Mining Services, where he has worked on a number of mining projects in various capacities. He has served as Chief Executive Officer of Sons of Gwalia Ltd. (post appointment of administrators), Chief Operating Officer of Mount Gibson Iron Ltd,
President and Chief Executive Officer of Alacer Gold Corporation and Chairman of Churchill Mining plc.