The Board of Zeus Resources Limited advised that it has appointed three new directors. Two new directors have been appointed by Zhengyuan International Mining Company Limited, and one by Vast Honour Global Limited as foreshadowed in the company's prospectus lodged on November 14, 2012. Mr. Jiangang Zhao presently is a manager of the Department of Finance of
Zhengyuan International Mining Company Limited. Mr. Chuanxi Ding from 1986-2003 worked at the Shandong Office of the China Metallurgical Geological Bureau where he rose to the position of Deputy General Manager. From 2003-2005, Mr. Ding was a Director of the Investment Department of the China Metallurgical Geological Bureau in Bejing and from 2005-2013 has been the Chairman and Chief Executive Officer of Zhengyuan International Mining Company Limited. Mr. Zhang Yong had an extensive career in property development, real estate sales and investment. Mr. Zhang has extensive property interests in China with over 1600 employees. Mr. Zhang was instrumental in securing the cornerstone investment in Zeus by China Metallurgical Geological Bureau, via its subsidiary Zhengyuan International Mining Company Limited. The company considered prudent to retain the two independent directors Mr. Greg Hall and Dr. Michael Etheridge, Mr. Ian de Renzie Duncan has resigned as a Director. Mr. Duncan remains Chief Executive Officer. Mr. Ding has been appointed as chairman of Zeus and Dr. Michael Etheridge has assumed the role of deputy chairman.