Terramin Australia Limited announced that Mr. Bruce Sheng will assume the role of Executive Chairman taking a greater role in the permitting phase to develop the project. In addition, Mr. Xinyu Wang, a Non-Executive Director of Terramin and Vice President of NFC (China Nonferrous Metal Industry's Foreign Engineering and Construction Co Ltd), will move into an Executive Director role. Along with current Board Member, Mr. Kevin McGuinness, Mr. Sheng and Mr. Wang will form a dedicated committee of the Board to work with senior management focused on finalising project approvals from the various Algerian regulatory, and the grant of the formal mining lease.

Mr. Martin Janes will transition from the role of CEO into an executive corporate role with immediate effect. He will have overall management responsibility for Terramin's corporate and finance functions as well as the Australian projects and exploration activities including the key Bird-in-Hand Gold Project.