Arena Minerals Inc. announced that Mr. Eduardo Morales, who joined the board of directors in September 2018, has been appointed Executive Chairman of the Board of Arena Minerals, effective immediately. Additionally, the company announced the nomination of Mr. Peter Damouni to its board of directors. Mr. Damouni has nearly 18 years of experience in investment banking and capital markets with notable expertise in natural resources. Throughout his career, Mr. Damouni has worked on, and led, equity and debt financings valued at over $5 billion. The company announced the promotion of Mr. Simon Marcotte to Vice-President, Corporate Development. Mr. Marcotte has more than 20 years of experience in Capital Markets having held senior positions with CIBC World Markets, Cormark Securities, Alderon Iron Ore Corp., Belo Sun Mining Corp., and Mason Graphite Inc. Mr. Marcotte will now be a reporting insider of the Company. The Company reported that Mr. Dan Bruno will be stepping down from the Board of Directors, effective May 1st, 2019. The Company would like to sincerely thank Mr. Bruno for his help and guidance over the years.