News: IDA Indiana Resources Says Non-Exec Directors Committed Last Year To Accrue Directors' Fees

April 8 (Reuters) - Indiana Resources Ltd (IDA) :

• INDIANA RESOURCES LTD - NON-EXECUTIVE DIRECTORS COMMITTED LAST YEAR TO ACCRUE DIRECTORS' FEES UNTIL FINANCIAL POSITION OF COMPANY IMPROVED
• INDIANA RESOURCES LTD - ACCRUAL OF NON-EXECUTIVE DIRECTORS' FEES WILL CONTINUE FOR FORESEEABLE FUTURE
• INDIANA RESOURCES LTD - EXECUTIVE CHAIRMAN -REDUCTION OF 20% IN EXECUTIVE FEES, EFFECTIVE 1 APRIL 2020
• INDIANA RESOURCES LTD - PERTH BASED STAFF - SALARY REDUCTION OF 15%, EFFECTIVE 1 APRIL 2020
• INDIANA RESOURCES LTD - STAFF NUMBERS IN MALI HAVE BEEN REDUCED, REFLECTING INABILITY TO UNDERTAKE FIELD ACTIVITIES IN SHORT TERM
• INDIANA RESOURCES LTD - REDUCTION IN OFFICE AND ADMINISTRATIVE EXPENSES FOR MALI OFFICE THAT HAS REDUCED OPERATING COSTS BY 30% SINCE START OF 2020
• INDIANA RESOURCES LTD - ACTIVITY MAY NOT BE ABLE TO RESUME DURING 2020 IN MALI