Moreton Resources Limited announced the appointment of Mr. Phillip Bryant, as Director of the Moreton Resources Limited group of companies. Mr. Phillip Bryant is a mining professional with over 23 years of senior management, operational, technical and project development experience in the Australian mining industry. He has held senior positions with BHP, Newmont, Anglo Coal, Peabody Energy and New Hope Coal.

Based upon this appointment, the company would also like to thank Mr. Kalman Salgo whom has operated as a casual Director upon the Board, and given the reporting relationship of the subsidiary Companies through to Mr. Bryant, operationally it is appropriate that Mr. Bryant is appointed to the Board and Mr. Kalman Salgo steps aside. Mr. Salgo has therefore resigned his position from the Moreton Resources Limited Board, which allows him to focus solely upon the MRV Metals Pty Ltd. business unit. By way of transition, Mr. Phillip Bryant will also formally on take the role of Managing Director at the end of April 2019, whereby a transition will take place with the Executive Chairman Mr. Jason Elks, who will relinquish the role of CEO and step back from the business mid-year, which has been his ambition for the last 12 or so months.

The terms and conditions of the appointment of Mr. Bryant to Managing Director will be notified to the market late April 2019.