Mineral Commodities Ltd

ABN 39 008 478 653

40 Murray Road North

Welshpool WA 6106, Australia

PO Box 235, Welshpool DC WA 6986, Australia

Telephone: 61 8 6253 1100

Facsimile: 61 8 9258 3601

Email: [email protected]
Web: www.mncom.com.au

2 April 2015

Appointment of Independent Non-Executive Director and Senior Independent Non-Executive

Director

Mineral Commodities Limited ("MRC" or the "Company") (ASX: MRC) is pleased to advise that
Mr Ross Hastings has been appointed as an Independent Non-Executive Director of the Company.
Following an internal review, the Board identified that with the development of the Tormin Mineral Sands Project and progression of its Xolobeni project, a further director appointment to be filled by someone with appropriate technical and geological experience is warranted. Following a process of nomination and interviews conducted by the Remuneration and Nomination Committee, Mr Hastings was offered the position.
Mr Hastings is a geologist with over 30 years international experience working in the minerals industry with a majority of that time working in Papua New Guinea at Ok Tedi copper mine in the roles of Geotechnical Superintendent and Manager of Mining, and at Misima gold mine as Chief Geologist.
From 1996 to 2014, Mr Hastings was involved with Allied Gold PLC's Simberi Gold Project where his roles included management of exploration and the feasibility and pre-development studies for mine construction.
Mr Hastings then progressed to General Manager Resource Development and concluded his tenure at St Barbara subsequent to the merger between it and Allied Gold Mining PLC. He is currently a director of Perpetual Resources Ltd.
The Board of MRC, welcomes Ross and looks forward to his valuable contribution to the
Company.
The Board has also appointed one of its existing Independent Non-Executive Directors, Mr Guy Walker, to the position of Senior Independent Non-Executive Director. Following the aforementioned internal review and the appointment of Mr Mark Caruso as the CEO of the Company in addition to his Executive Chairmanship, the Board considered that the appointment of a Senior Independent Non-Executive Director would assist in dealing with any potential conflicts that may arise from one person holding the dual role of Chairman and CEO. Mr Walker has been a director of the Company since December 2012.

FOR FURTHER INFORMATION PLEASE CONTACT:

Mr Mark Caruso
Executive Chairman / CEO Mineral Commodities Limited