The board of directors of Golden Resources Development International Limited announced that, with effect from 14 August 2015, John WONG Yik Chung has resigned as the independent non-executive director, the chairman of the audit committee and the member of each of the remuneration committee and the nomination committee of the company due to his other engagements. The board also announced that, with effect from 14 August 2015, Joseph LAM Yuen To has been appointed as the independent non-executive director, the chairman of the audit committee and the member of each of the remuneration committee and the nomination committee of the company. Joseph LAM Yuen To.

Lam is a member of the Australian Society of Certified Public Accountants and member of the Hong Kong Institute of Certified Public Accountants. Lam has extensive experience in tax field audits, handling tax dispute cases in Hong Kong and PRC cross-border tax issues. He also provides services in Hong Kong and PRC tax health check on merger and acquisition assignments and initial public offering assignments.