AuKing Mining Limited announced changes to its Board of Directors and senior management, with effect immediately. AuKing Chairman, Mr. Asimwe Kabunga, has resigned as a director, existing Director Mr. Peter Tighe has been appointed Non-executive Chairman and existing CEO, Mr. Paul Williams, has been appointed Managing Director. Mr. Kabunga elected to step down from the Board in order to focus efforts on his other substantial commercial interests and executive commitments.

He retains a large shareholding in the Company and intends to continue to support AuKing wherever possible in order to create shareholder value. The terms of Mr. Williams' appointment as Managing Director are otherwise identical to his existing terms of engagement as CEO of the Company.