TerraCom Limited announced that Paul Anderson has tendered his resignation as a Non-Executive Director of the Company. Mr. Anderson was a nominee director for substantial shareholder Bonython No 1 Pty Ltd. (Bonython) and his resignation has been requested by his nominee. Mr. John Klepec has been nominated as Bonython's new board nominee. Mr. Klepec's formal appointment will be confirmed once the Company undertakes the appropriate board processes and procedures with respect to Board nominations and appointments.