High Peak Royalties Limited announced the following changes to the board and management of the Company effective immediately. Mr. Anthony Wooles has been appointed as Non-Executive Chairman. Mr. Geoffrey King has been appointed as Deputy Chairman. Mr. Steven Larkin has been appointed as CEO of the Company. Mr. Larkins was Phoenix Oil & Gas' CEO since September 2012 and has extensive capital markets and natural resource finance knowledge and expertise having previously held senior stockbroking and investment banking positions at Commonwealth Bank of Australia and Goldman Sachs JBWere.

The company announced that it now has established an office in Sydney at: Level 4, 25 Lime Street, Sydney NSW 2000. The Company retains its Perth office at: Level 17, Exchange Plaza, 2 The Esplanade, Perth WA 6000.