MGT Resources Limited announced the changes to the board of directors, as approved by the board of directors on February 1, 2016. Mr. Jonathan Paul Back, previously Chairman and Managing Director of the company, resigns as Managing Director. He will continue to serve as Executive Chairman.

Mr. Gary Kuo, previously Chief Operating Officer and Executive Director of the company, is appointed Managing Director of the company. He will remain an Executive Director. Mr. Christopher Chen, previously Non-Executive Director of the company, is appointed Chief Operating Officer and an Executive Director of the company.

These changes are effective from February 1, 2016.