Greenvale Energy Limited announced the resignation of the Executive Director, Mr. Stephen Baird as a Director. Mr. Baird's resignation comes following the completion of the successful sale of the Lowmead and Nagoorin Joint Venture assets to the former joint venture partner, Queensland Energy Resources Limited. As a result of this sale and with GRV's main asset representing cash, Mr. Baird has chosen that this is the optimal time in which resign from the Board so as to allow him more time to pursue his other business interests.

Mr. Michael Povey will assume responsibility for the technical activities of the company.