De Grey Mining Limited advised that effective from the close of General Meeting of Shareholders, 2017, Mr. Davide Bosio will be stepping down from the Board and Messrs. Andy Beckwith and Brett Lambert agreeing to appointments to the Board. As part of this transformation, Mr. Davide Bosio will step down from the Board to concentrate on his activities at stockbrokers DJ Carmichael Pty Limited. Mr. Beckwith will take on the role of Technical Director and remain as Operations Manager. Mr. Beckwith is a successful explorer whose past experience includes senior technical roles with AngloGold Ashanti, Acacia Resources, Helix Resources, Normandy NFM, North Flinders Mines, BP Minerals Australia and at Westgold Resources, where he led the team initially as exploration manager and then as Managing Director. During the past three years he has also served as a director of Carnavale Resources Limited (29 July 2014 - continuing). Mr. Brett Lambert has held senior management positions in a range of junior, mid-tier and major mining companies. He has been responsible for several feasibility studies and greenfield mine developments, with a track record of on time and on budget project delivery. Mr. Lambert has served as a director of companies listed on the Australian Securities Exchange, London's AIM market, the Toronto Stock Exchange and the Stock Exchange of Thailand and has worked at Managing Director/CEO level for more than 10 years. Mr. Lambert is currently a Non-executive Director of Mincor Resources NL and Australian Potash Limited and within the last three years has also served as a director of ABM Resources NL.