Praetorian Resources Limited announced at its extraordinary general meeting held on 16 June 2015 resolutions two of the company's directors, Nathan Steinberg and Kaare Foy have resigned from the board with immediate effect and Neil Johnson, Charles Cannon-Brookes, Nigel Birrell and James Ryan have been appointed as directors of the company, also with immediate effect. Robert King will remain as the company's Chairman on an interim basis to ensure an orderly transition of directors and to help with implementation of the company's new investing policy.