Cervantes Corporation Limited acknowledges that the timing is right for some changes to its board of directors. As a result, on completion of the Recapitalisation Strategy, the following changes will occur: Collin Vost will resign as a director and employee of the company. Justin Vost will resign as a director of the company and will continue in a consultancy capacity for a period of 12 months to assist with an orderly handover to the new directors and Robert Downey (Non-Executive Chairman) and Matthew O'Kane (Non-Executive Director) will be appointed as new directors. Rob is admitted as a barrister and solicitor in Western Australia and has practiced as a corporate and commercial lawyer for over 20 years. Matthew is an experienced mineral industry executive and company director with 25 years' experience in the mining, commodities and automotive sectors.