Powerhouse Ventures Limited (PVL or the Company) advises that it has made three important management appointments to complement the appointment of a new Board of Directors at its recent Annual General Meeting. The personnel have significant experience and networks which should prove to be of value to the company and its shareholders. Campbell Hedley, General Counsel & Company Secretary. Mr. Hedley is a governance & corporate advisory professional and practising lawyer with over 20 years' experience across a range of industries including Banking & Finance, Corporate Agriculture and Manufacturing with a particular focus on start-ups and early-stage ventures. Nitesh Patel, Chief Investment Officer. Former Board Director, Nitesh Patel, has agreed to take on the role of Chief Investment Officer, continuing his focus on identifying and maximising the value of investment opportunities for PVL. Mr. Patel's continued involvement with the Company will be an important component in realising value from PVL's existing portfolio.