Elixir Energy Limited announced the appointment of Mr. Bayanjargal Byambasaikhan as a Non-executive Director, effective from 1 October 2019. Mr. Byambasaikhan chairs the Business Council of Mongolia (BCM), the country's leading business association and he is also a co-founder of NovaTerra, an investment advisory firm based in Ulaanbaatar. NovaTerra has successfully advised on corporate and infrastructure project transactions and financings since its establishment in 2013.