Aguia Resources Limited announced the appointment of long-standing Technical Director Dr. Fernando Tallarico as the Managing Director of Aguia Resources Limited. Dr. Tallarico is a resident of Brazil and a geologist with over 30 years international experience, who has been responsible for grass roots discoveries for Vale, Falconbridge/Noranda and BHP in Brazil. Dr. Tallarico has been the leader of the Aguia Brazilian management team since the inception of the Company and, over the years, has been instrumental in assembling the Aguia phosphate and copper portfolio.

Aguia would also like to advise Ms. Sarah Prince from Company Matters in Sydney has been appointed Company Secretary and as the person responsible for communication with ASX in accordance with ASX Listing Rule 12.6 effective immediately, replacing Michael Duligal. Ms. Prince is a solicitor, and she has assisted listed companies either as their company secretary or as an independent adviser to boards and management, including advising companies in the mining industry. Prior to joining Company Matters, Sarah supported the Board Advisory Services arm of KPMG.

Sarah is a member of The Governance Institute of Australia. Dr. Tallarico has previously served on the Board of Aguia in his role as Technical Director and his return to the board is a natural fit for the Company as it fully supports the strategy of having all executive management, operations and administration based in Brazil.