ASX/MEDIA RELEASE

FOR RELEASE

31 October 2016

DIRECTOR RESIGNATIONS

Magnis Resources Limited (ASX:MNS)("Company") announces the resignations ofColin "Cobb" Johnstone and Len Eldridge as directors of the Company.

Chairman Frank Poullas commented: "The Board would like to thank Cobb and Len for their efforts and for the significant contribution they have made. The Board wishes them the best for

any future endeavours."

The Board will provide an update with any developments regarding future board appointments. Frank Poullas

Chairman

Magnis Resources Limited

+61 (0)2 8397 9888

Magnis Resources Ltd. published this content on 31 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 November 2016 08:42:05 UTC.

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