The Board of Midas Resources Limited announced the appointment of Mr. Russell Davis to the Midas Board and his appointment as Chairman from January 13, 2014. Davis is geologist with over 30 years' experience in the mineral resources business. Since 2006 he has been involved in all aspects of public company management, as the Exploration Director of Gold Road Resources Limited and the Managing Director of Syndicated Metals Limited until March 2012.

Davis was a founding Director of both companies and responsible for identifying and acquiring the gold and base metal projects on which these companies are based. Patrick Corr will remain on the Board as a Non-Executive Director.