The board of directors of Prospect Resources Limited announced the appointment of Mr. Qingjiao Yu, as a non-executive director. Ms. Yan Wang has also been appointed as an alternate non-executive director to Mr. Yu. Mr. Yu has over fifteen years of experience in the Lithium-ion battery industry in China and is well known for being a key figure in the China battery technology sector. Currently, Mr. Yu is Chairman and CEO of Energy Finance Net and China Battery Net.