Arc Exploration Limited announced board and management changes. Each of the following Directors and management have resigned effective 11 October 2016:
Mr. Bruce Watson: Non-Executive Chairman; Dr. Jeff Malaihollo: Managing Director; Mr. John Carlile: Non-Executive Director; Mr. Max Ramajaya: Non-Executive Director;
Mr. Cahyono Halim: Chief Financial Officer. The following have been appointed as Non-Executive Directors to join Mr. Robert Willcocks on the Board: Mr. Simon O'Loughlin; Mr. Simon Taylor and Mr. Andrew Cooke.