The Board of Red Emperor Resources NL announced that it has appointed Mr. Gracjan P. Lambert as its new Chief Executive Officer. Mr. Lambert brings with him a wealth of technical and commercial experience in the global oil and gas industry, built over more than 20 years working in Europe, Asia (including the Middle East), Australia, North and South America, and Africa. He has spent the last 10 years at ExxonMobil in diverse roles including managing global field operations and leading complex international commercial negotiations.

Over the course of his career he has leveraged his proven commercial track record and technical expertise to inform profitable decision making and leadership. Mr. Lambert will be relocating back to Perth to fulfil his role as CEO. As well as this significant addition to the senior management team, the company has also appointed Mr. Aaron Bertolatti to the Board.

Mr. Bertolatti, who is currently Red Emperor's Company Secretary, is a qualified Chartered Accountant with over 10 years' experience in the mining industry and accounting profession. Mr. Bertolatti has both local and international experience and provides assistance to a number of resource companies with financial accounting and stock exchange compliance. He has significant experience in the administration of ASX listed companies, corporate governance and corporate finance.

Mr. Bertolatti was previously Australian Chief Financial Officer of Highfield Resources Ltd. and acts as Company Secretary for Fin Resources Ltd, American Pacific Borate & Lithium Ltd, Arc Exploration and Berkut Minerals Limited. Mr. Bertolatti is also a Director of Odin Metals Limited. Mr. Nathan Rayner has resigned from the Board of Red Emperor, effective immediately, due to personal circumstances.