Ausmon Resources Limited announced that Mr. Eric Sam Yue has joined the Board effective from October 25, 2017. He is also appointed Chief Financial Officer and Company Secretary of the Company as Mr. John Wang ceases to hold those positions and remaining as Managing Director. Eric worked with Price Waterhouse in London, Europe and Africa from 1983 to 1992.

His financial management and corporate experience span over 25 years in senior financial executive positions in shipping, mining and oil and gas companies in Australia and New Zealand. In 2016 he ceased to be chief financial officer of New Guinea Energy Limited when its offices moved to Melbourne. He currently provides consulting services to various listed and unlisted entities.

Dr. Raymond Shaw has resigned as a director of Ausmon Resources Limited.