American Pacific Borates Limited announce a new board appointments. Ms Palvi Mehta has been appointed as a Non-Executive Director to the 5E Board, and chair of the audit committee; Mr. Stephen Hunt will remain a Non-Executive Director and move onto the 5E Board, taking on the responsibility as chair of the compensation committee; Mr. Aaron Bertolatti, ABR's existing Company Secretary, will no longer become a Director of 5E. Mr. Bertolatti.

Mr. Anthony Hall will transition from his current role as Executive Director of ABR to the 5E Advisory Council, joining existing advisors, John Mitchell, Govind Arora, and Tim Johnston. Mr. Hall will continue to support the Company with a focus on Australian and Asian capital markets and investor relations. Ms Mehta is an experienced board member and financial expert with 25+ years of global finance experience, including capital funding, business strategy, compensation strategy, Mergers and Acquisitions and tax matters.