Metalsearch Limited announced the Board changes and Executive appointment. Mr. Robert Downey has resigned as Chairman of the Company and he will assume the role of non-executive director. Mr. Keong Chan will assume the role of Chairman of the company effective immediately. Mr. Jeremy Read has resigned as a director of the Company. The Company announced the appointment of experienced senior commercial banking executive, Mr. Peter Zardo, to head up the commercialisation and operations for the Company as new Chief Operating Officer. Mr. Zardo has been a high performing corporate banking director, with the Westpac Group for over 16 years. Peter has directly managed medium to large scale commercial enterprise, providing coal-face strategic guidance and business advice as a key component of his role.