Cassius Ventures Ltd. announced the retirement of Chairman and President, Mr. John Thomas, and the concurrent appointment of Mr. Gerrie van der Westhuizen as Chairman and President of the Company. Mr. Van der Westhuizen is a seasoned mining executive. Gerrie van der Westhuizen has more than 20 years' experience in the mining and natural resources industry.

During this time, Mr. Van der Westhuizen held progressively senior positions in dual-listed resource companies operating in Africa and North America. He has played a leading role in those organizations' debt and equity financings, M&A activities, tax planning, treasury management, corporate governance and strategic risk management. Mr. Van der Westhuizen currently serves as Chief Financial Officer and Corporate Secretary of Artemis Gold Inc. (Artemis) and of Oceanic Iron Ore Corp.

He also currently serves as Artemis' representative on the Board of Directors of Velocity Minerals Ltd. Mr. Van der Westhuizen is a Chartered Accountant and holds an Honours Bachelor of Accountancy degree.