Board Moves 18 May 2016

Morgan Ball will be stepping down as the managing director of BC Iron.

Alwyn Vorster has been appointed as chief executive officer of the company, effective 23 May 2016. Mr Vorster has most recently been employed as group executive mining at Australian Capital Equity, and his recent other roles included CEO of API Management, a company responsible for developing the multi-billion-dollar West Pilbara Mining Project for owners Baosteel, Posco and AMCI; CEO of Iron Ore Holdings Ltd; and regional manager – China marketing & sales for Rio Tinto Iron Ore.

Peter Peebles and Ashley Hood have resigned from the board of Victory Mines.