The board of directors of G-Resources Group Limited announced that, with effect from 3 February 2017, Mr. Hui Richard Rui has tendered his resignation as an executive Director to devote more time to pursue his other business engagements; Ms. Ma Yin Fan has tendered her resignation as an independent non- executive director, and a member of each of the audit committee of the company, the remuneration committee of the company and the nomination committee of the company as Ms. Ma wishes to devote more time to pursue her other business engagements; Mr. Leung Hoi Ying has tendered his resignation as an independent non-executive director, and a member of both of the audit committee and the remuneration committee as Mr. Leung wishes to devote more time to pursue his other business engagements; Mr. Chen Gong has been appointed as an independent non-executive director and a member of each of the Audit committee, remuneration committee and nomination committee; and Mr. Martin Que Mei Deng has been appointed as an independent non- executive director and a member of both of the audit committee and the remuneration committee. Mr. Chen has more than 20 years extensive experience in finance management, mergers & acquisitions, financing, negotiation and restructuring in a cross-culture environment. Mr. Chen has participated in cross-border merger & acquisition and financing transactions. He has been involved with the management of various public companies listed in Toronto Stock Exchange, in the capacity of director and/or chief executive officer/chief financial officer. Mr. Chen is the founder and managing director of DoubleOcean Financial Group, a financial advisory company that facilitates the cross-border investments between North America and China. Mr. Chen also worked in various financial management positions at two Fortune 100 companies in the United States for about 8 years. Mr. Que, aged 55, has over 20 years of extensive experience of North American financial investment and management, chartered financial planner in North American and tax planning and investment risk management.