Ausmon Resources Limited announced the appointment of Mr. Boris Patkin as Non-Executive Chairman with immediate effect. Boris is presently an authorised representative at Morgan's stockbroking division dealing in generic securities, margin lending and managed investments. Mr. John Wang has been appointed Managing Director with immediate effect and ceases to be Acting Chairman.

John is one of the founders of the company as the Finance Director and Company Secretary. As Managing Director he will continue to be responsible for finance and Company Secretary matters.