On 28 May 2021 Trans-Siberian Gold plc reported that Charles Ryan, Florian Fenner and Robert Sasson had resigned from the Company's board with effect from Horvik's completion of the Acquisition. The Company now announced that Lou Naumovski has been appointed as TSG's interim Chairman to succeed Charles Ryan. The Company announced the appointment to the TSG board of Vladislav Sviblov and Anton Glazunov (the "New Directors") as non- executive directors.