The Directors of Stellar Resources Limited announced the appointment of Dr. Markus Elsasser as a Non Executive Director of the company. Elsasser is a German financier and investor in the mineral resource sector and has been involved with Stellar as a shareholder for the past three years. As head of the Elsasser family office M. Elsasser & Cie AG 1971 in Dusseldorf, Germany, Elsasser provides advice to a number of European based investors.

Elsasser was Director of Finance at the Dow Chemical Company in Germany. He also has had extensive experience as a Managing Director in the chemical and food industries in Singapore and Australia.