South Pacific Resources Limited announced that the new Directors appointed by shareholders on 13 December 2019, subject to the completion of the Takmur acquisition (Chairman of the Board and Chief Executive Officer Oliver Hasler and Directors Gary Artmont and Bakhos Georges), will join the Board of Directors effective 31 January 2020, while the retiring directors Domenic Martino and Joseph Goldberg will resign effective 31 January 2020. As a result, effective 31 January 2020 the Company's new Board of Directors will be led by Chairman of the Board and Chief Executive Officer Oliver Hasler and Directors Gary Artmont and Bakhos Georges will join incumbent director Alvin Tan.