Helios Energy Ltd. announced the appointment of Mr. Mark Lochtenberg to the Board of Directors. Mr. Lochtenberg graduated with a Bachelor of Law (Hons) degree from Liverpool University, U.K. and has been actively involved in the coal industry for more than 30 years. Mark Lochtenberg is the former Executive Chairman and founding Managing Director of ASX listed Baralaba Coal Company Limited (formerly Cockatoo Coal Limited). He was a principal architect of Cockatoo's inception and growth from an early stage grassroots explorer through to an emerging mainstream coal producer. Mr. Lochtenberg was also formerly the co-head of Glencore International AG's worldwide coal division, where he spent 13 years overseeing a range of trading activities including the identification, due diligence, negotiation, acquisition and aggregation of the coal project portfolio that would become Xstrata Coal. Prior to this Mr. Lochtenberg established a coal "swaps" market for Bain Refco, (Deutsche bank) after having served as a senior coal trader for Hansen Neuerburg AG and as coal marketing manager for Peko Wallsend Limited. Mr. Lochtenberg has previously been a Director of ASX listed Pacific American Coal Limited and Cumnock Coal Limited and of privately held United Collieries Pty Limited. Mr. Lochtenberg is currently appointed as Non-Executive Chairman of Evolve Limited, ASX listed Terracom Limited (TER) and Equus Mining Limited (EQE) and is also Non-Executive Director for ASX listed Nickel Industries Limited (NIC). The Company also advise of the resignation of Director Nicholas Ong, who
retires from the Board effective today. The Board would like to acknowledge and thank Mr. Ong for his valuable contributions to the Company and wishes him all the best for his future endeavours.