The Board of Strategic Minerals plc announced the appointments of Mr. John Peters as Executive Director (acting Chairman) and Mr. Michael Wong as a Non-Executive Director of the company, with immediate effect. These appointments have been made to support the company's decision to accelerate its acquisition growth strategy. Both Mr. Peters and Mr. Wong have a strong background in mergers and acquisitions in the mining sector, and are knowledgeable of numerous, lower risk, advanced stage farm in and/or acquisition opportunities, which may form the foundations of a regional play in North America.

John Peters was the CEO of Ebony Iron Pty Ltd. Mr. Julien McInally, Executive Chairman of Strategic Minerals, has resigned from the Board to pursue other business interests with immediate effect, and has agreed to contract his services to the company fulfilling the Chief Financial Officer role. Simultaneously, Mr. Lyle Hobbs will move to Non-Executive director of the company. The company continues to review its board structure and expects to appoint an additional Non Executive UK Director in due course.