The board of directors of G-Resources Group Limited announced that Mr. Owen L Hegarty has tendered his resignation as executive director and vice-chairman of the company with effect from 24 March 2016 as Mr. Hegarty devote more time to pursue his other business engagements. Hegarty has confirmed that he has no claim against the company in respect of fees or in respect of compensation for loss of office and there is no disagreement between him and the board.