Prospect Resources Ltd. announced the appointment of Mr. Sam Hosack as Managing Director from 14 July 2018. Prior to 14 July, Sam will be employed by the company as an executive on a part time basis. For the past 12 years he has been employed by First Quantum Minerals Ltd, where most recently he has project managed the building of a port (coal offloading and copper loading), 120km 230kV transmission line and a 300MW coal fired powerstation for the Minera Panama Project in Panama.

In line with the above leadership changes, the company also advised that Manana Nhlanhla has resigned as a director effective May 14, 2018. Manana represents Armoured Fox.