The board of Ultima United Limited welcome Mr. Piers Lewis to the company as a non-executive director. Mr. Lewis is an experienced executive, board director and team leader, with a diverse background in the resources, banking and technology sectors. Piers currently serves as chairman of Cycliq Group Limited and Lustrum Minerals Limited, and is company secretary for Grange Resources. The board also announced that Mr. Simon Yan has resigned as executive chairman of the company, effective immediately. The company announced that Mr. Jonathan Cheng will fill the position vacated by Mr. Yan.