Philippine Metals Inc. announced that Mr. Feisal Somji has resigned from his positions of Chief Executive Officer and member on the Board of Directors of the Company, effective immediately. The company further announced the appointment of Mr. Craig Lindsay to the position of Chief Executive Officer. Mr. Lindsay, a member of the Board of Directors of the Company, has in excess of 20 years experience in corporate finance, investment banking and business development in both North America and Asia and is currently the President and CEO of Otis Gold Corp. and Managing Director of Arbutus Grove Capital Corp.