Cannon Resources Limited announced the appointment of Mr. Mark Stowell as a Director of the Company. Mr. Stowell is a Chartered Accountant with over 20 years of corporate finance and resource business management experience. He served as manager in the corporate division of Arthur Andersen and was subsequently involved in the establishment and management of a number of successful ventures as principal, including resource companies operating in Australia and internationally.

Mr. Stowell was a founder of Anvil Mining Ltd. (DRC) and on its Board for 7 years until 2000. He was also a founder and non-executive director of Incremental Petroleum Limited, an oil and gas producer with operations in Turkey and the USA until its takeover in 2009. Mr. Stowell was Chairman and founder of Mawson West Ltd, a copper producer and explorer which completed an IPO on the Toronto Stock Exchange in one of the large base metal IPO's of 2011.

Mr. Stowell is also currently the Chairman of Southern Hemisphere Mining Limited and Kula Gold Limited.