The Board of RNI NL announced the appointment of Mr. David Morgan as Chief Executive Officer and Mr. Simon Heggen as a Non-Executive Director as part of a restructuring of the company's Board and management. Mr. Morgan joined the company as Operations Manager a year ago to oversee the delivery of the Grosvenor Gold Project and other project development activities. Mr. Morgan is a professional mining engineer and chartered mechanical engineer with 35 years' experience across the Australian and African mining industries and is a non-executive Director of Syndicated Metals Limited.

He is skilled in mineral exploration, project development, operational management and technical management having previously held a number of executive, development and mine operations roles with companies such as Rio Tinto, Macmahon, Equigold, Sundance Resources, Syndicated Metals and WMC Resources. Prior to his appointment with the company, he was Executive Director of Operations for Syndicated Metals where he was instrumental in the corporate restructure of the company and the development of the Barbara Copper-Gold Project. Mr. Heggen's appointment follows the resignation of Non-Executive Director, Albert Thamm.

Both the appointment of Mr. Heggen and the resignation of Mr. Thamm take effect immediately. The Board restructuring will also see Miles Kennedy move to the role of Non-Executive Chairman.