Effective on March 1, 2012, the Board of Directors of Handeni Gold Inc. accepted the resignation of Reyno Scheepers as interim Secretary, Treasurer and Chief Financial Officer and concurrently accepted the consent to act as Secretary, Treasurer and Chief Financial Officer of Melinda Hsu. Dr. Scheepers continues to serve as President, Chief Executive Officer, Chief Operating Officer, and a director of the company. Ms. Hsu has over 24 years of diversified business experience in areas of accounting, finance, budget, corporate development, marketing and administration experience in Canada and China. Ms. Hsu has been directly involved in mining and oil and gas industries for more than ten years. She has been the president and principal of Amica Resource Inc. since September 2007. Through AMICA, Ms. Hsu provides consulting services to various public and private companies, including Handeni Gold as controller from November 2011 to date, Dejour Energy Inc. as controller from September 2007 to April 2008 and as a senior consultant from February 2011 to date, and Silverado Gold Mines Ltd. as controller from April 2008 to October 2010.