Sheffield Resources Limited announce a revised leadership structure to take Sheffield forward as its Tier 1 Thunderbird mineral sands project moves into the execution phase. Having successfully delivered the $143 million Kimberley Mineral Sands joint venture transaction with YGH Australia Investment Pty Ltd, Bruce McFadzean, Sheffield's Managing Director and Chief Executive officer since November 2015, will transition and step down from his executive role effective from 1 July 2021. Bruce will continue his involvement with Shef ield as a Non-Executive Director, also effective from 1 July 2021. Bruce will continue to serve as a director of the Kimberley Minerals Sands joint venture. John Richards, Sheffield's current Non-Executive Chair, will move to a newly created Lead Independent Director role. This completes the reformulation of the Board and management which commenced 18 months ago with the appointment of Mr. Richards and Mr. Macliver as independent Non-Executive Directors. As a result of these changes, the Sheffield Board will retain a majority of independent non-executive directors and will comprise, from 1 July 2021: Mr. Bruce Griffin as Executive Chair. Mr. John Richards as Lead Independent Non-Executive Director. Mr. Bruce McFadzean as Non-Executive Director. Mr. Ian Macliver as Non-Executive Director (Independent). Mr Gordon Cowe as Non-Executive Director (Independent).