The Board of Powerhouse Ventures Limited resolved to confirm the appointment of Mr. John Hunter as Interim Chairman of the Company effective 27 January 2017. This follows the resignation of Mr. Kerry McDonald, announced to the Australian Securities Exchange (ASX) on 17 January 2017. Mr. McDonald resigned for family reasons. Mr. Hunter will assume the Chairmanship for a brief period, expected to be no more than 3 months, whilst the Company finalises the appointment of a new Chairman. Mr. Hunter has served on the Board since mid-2014 and been Chairman of the Audit & Risk Committee and the IPO Due Diligence Committee.