Quantum Graphite Limited announced that as a result of the operation of Division 9 of Part 2G.2 of the Corporations Act 2001 (Cth), the Directors have resigned following the appointment, with the approval of the Deeds Administrators, of Mr. Robert Mencel, Mr. Robert Osmetti and Mr. David Trimboli as Directors of the Company to form an interim board for the purposes of completing the outstanding matters under the DOCAs, including the holding of the 2017 AGM. Sal Catalano will continue as Company Secretary and Mr. Bruno Ruggiero and Mr. Steven Chadwick will continue to provide services to the Company in connection with preparations and planning at the Uley Mine Site for the resumption of operations once the DOCAs are fully implemented. Mr. Catalano, Mr. Ruggiero and Mr. Chadwick will seek re-election to the Board of Directors at the 2017 AGM.