Sheffield Resources Limited announced the appointment of Bruce McFadzean as Managing Director, effective 2 November 2015. Mr. McFadzean has led the financing, development and operation of several new mines around the world. Mr. McFadzean's professional career includes 15 years with BHP Billiton and Rio Tinto in a variety of positions and four years as Managing Director of Catalpa Resources Limited.

Mr. McFadzean also played a critical role in the construction and operation of the Kelian gold mine in Indonesia for Rio Tinto and oversaw the financing and construction of Mawson West's Kapulo copper project in the Democratic Republic of Congo. The Kapulo financing involved the negotiation of product offtake agreements. Upon Mr. McFadzean's commencement, the Board will be restructured, with Mr. McQuitty and Mr. Burbury transitioning to Non-Executive Directors.