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Ann: Director Appointment & Appendix 3X, page-2

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    Dr. Nik Senapati - Non-Executive Director Appointment

    IndiOre Limited (ASX: IOR) (“IOR” or “the Company” is pleased to advise that Dr Nik Senapati has been appointed as a Non-Executive Director of the Company effective today.

    Dr Senapati is the Honorary advisor to Federation of Indian Chambers of Commerce and Industry (FICCI) in Australia and is an advisor to Dua Associates and Consulting in New Delhi. Nik is also the President of the Australia India Business Council in Queensland.

    Until 2015 Nik was country head of Rio Tinto in India, a role that he held for almost 10 years. Nik is a geologist and has spent over 35 years in the mining industry with roles in exploration, operations, strategy and external relations.

    He chaired the mining committee of Confederation of Indian Industry, was instrumental in establishing the Sustainable Mining Initiative for the Indian mining industry and initiated the Skills Council in the Mining Sector.

    Nik was educated in India, Australia and as a Rhodes Scholar in the UK.

    IndiOre Chairman, Peter Richards commented, “We are very pleased to be welcoming someone of Nik’s calibre and Indian experience to the Board, and we look forward to receiving his input across all areas of our business. Nik’s deep knowledge of the Indian business community and extensive networks will be a valuable asset for IndiOre as the Company looks to solidify its position as a leading iron ore mining and beneficiation business in the state of Andhra Pradesh.”


    LOOKS TO ME LIKE THIS IS NOTHING BUT POSITIVE
 
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