The board of directors of MIE Holdings Corporation announced that pursuant to the service contract entered into between Mr. Andrew Sherwood Harper and the Company with effect from 1 July 2016, the tenure of such contract will expire on 30 June 2017. In this connection, Mr. Harper has indicated in a letter to the Company dated 1 May 2017 that he does not intend to renew such service contract. Accordingly, Mr. Harper has resigned as an Executive Director and Chief Geologist of the Company, with effect from 30 June 2017.