Strike Resources Limited announced the retirement of its Managing Director, Mr. Ken Hellsten, effective immediately. Mr. Hellsten has served as the company's Managing Director since March 2010. Non-Executive Director William Johnson has been appointed as Executive Director to lead the restructure and AF program delivery.

Mr. Johnson has been a Director of the Company since 2006, almost five years of which he served in an executive capacity. Mr. Johnson is a director of several other listed ASX companies, including Orion Equities Limited (Orion), an 11.5% shareholder in Strike. Mr. Hellsten will remain in a consulting role until the end of February to assist Mr. Johnson during the transition period and also retains his role as an appointee director of Cuervo Resources.