Summit Minerals Limited advised that its current Managing Director, Mr. Jonathan King will be transitioning to the role of full time Exploration Manager for the Company effective immediately. Stepping off the board will alleviate Mr. King of certain corporate responsibilities and allow him to direct his full focus and time to the Company's exploration assets. Mr. Bishoy Habib will join the Company's board as a Non-Executive Director.

Mr. Habib has been involved with the Company for the last 10 months as a Business Development Consultant. Over that time Mr. Habib has developed excellent relationships with the Company's shareholders and is very familiar with the Company's projects and overall strategy. Mr. Habib holds a bachelor's in applied science (Software Eng) and has been a global investor for more than a decade, with a particular focus in the resources sector.

A qualified and experienced leader, with over 15 years' project delivery and management experience in large multinational organizations Mr. Habib has a strong understanding of the African resources sector, with access to a wide-reaching network and project delivery expertise across Africa and the Middle East. Additionally, the Company's Chairman, Mr. Peretz Schapiro will be taking on a more active role for the Company, with specific focus on strategy and corporate development. Mr. Schapiro is an experienced corporate executive in the sector with a strong track record of successful corporate development transactions and value accretive acquisitions for numerous ASX listed exploration companies.