The Board of Directors of PLD Corporation Limited announced the appointment of Matthew Gauci as Managing Director, effective immediately. Mr. Gauci has 15 years experience in the mining industry and has successfully financed and managed private and public mining exploration companies in Australia, Africa and South America. Mr. Gauci has managed the exploration, development and feasibility of a number of mining exploration projects in commodities such as gold, uranium, coal, iron ore and industrial minerals.

He has also consulted to companies operating in the technology and life sciences industries. Hugh Warner has agreed to retire from the board.