The Directors of Triple Energy Limited announced that Mr. Paul Underwood has resigned as Managing Director and CEO of Triple. Mr. Underwood has advised that he believes that given the transactions of 2015/16 are now complete and that day-to-day decisions and control of Triple has resided with representatives of its major shareholders based in Hong Kong and China for some time now, it is an appropriate time for him to now stand-down as CEO and Managing Director. He will remain as a non-executive Director.