ASX Release ASX code: MAU 19 April 2017 GEORGE SAKALIDIS APPOINTED AS MANAGING DIRECTOR

Level 1 44A Kings Park Road West Perth WA 6005

PO Box 1388

West Perth WA 6872 Telephone 08 9226 1777

Facsimile 08 9321 6571 www.magres.com.au

ABN 34 121 370 232

Magnetic Resources NL (Magnetic or the Company) wishes to advise the appointment of Mr George Sakalidis to the position of Managing Director.

Mr Sakalidis has assumed the role and responsibilities of an executive director since his appointment in January 2016.

Recognising his ongoing role in an executive capacity, the Board has decided to appoint Mr Sakalidis to the position of Managing Director.

Mr Sakalidis will continue with the executive responsibilities of the Company he currently undertakes and his remuneration will remain unchanged.

For more information on the Company visit www.magres.com.au

George Sakalidis Managing Director M+61411640337

george@magres.com.au

Magnetic Resources NL published this content on 19 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 April 2017 10:58:10 UTC.

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