The board of directors of BlackGold Natural Resources Limited announced that Mr. James Rijanto will cease to serve as Chief Investment Officer and Executive Director of the Company with effect from 31 July 2019. Mr. Nandakumar Ponniya Servai ("Mr Nandakumar") will cease to serve as Lead Independent Director of the Company with effect from 31 July 2019. Following his cessation of service, Mr. Nandakumar shall cease to be the Chairman of the Nominating Committee and Remuneration Committee, and member of the Audit Committee. Mr. Bala Chandran ("Mr Chandran") will cease to serve as Independent Director of the Company with effect from 31 July 2019. Following his cessation of service, Mr. Chandran shall cease to be a member of the Audit Committee, Nominating Committee, and Remuneration Committee. Mr. Gerald Lim Thien Su ("Mr Gerald Lim") will cease to serve as Independent Director of the Company with effect from 31 July 2019. Following his cessation of service, Mr. Gerald Lim shall cease to be the Chairman of the Audit Committee and member of the Remuneration Committee. Mr. Bangun Madong Samosir Parulian currently an Independent Director of the Company, will be appointed as a member of the Audit, Nominating, and Remuneration Committee of the Company with effect from 1 August 2019.