TIDMCRHL

RNS Number : 3373P

Creat Resources Holdings Ltd

01 October 2013

Creat Resources Holdings Limited

("CRHL" or "the Company")

Resignation of Chief Financial Officer

The Company regrets to announce the resignation of its Chief Financial Officer, Ms Cathy Lam with immediate effect. Ms Lam resigned from the position to pursue other career interests. A suitable replacement will be announced in due course.

For further information please visit www.creatresources.com or contact:

 
 Creat Resources Holdings       Tel: +61 3 6471 6228 
  Limited 
 Morris R. Hansen, Company 
  Secretary 
 
 Daniel Stewart & Company      Tel: +44 20 7776 6550 
  Paul Shackleton, Corporate 
  Finance 
 Colin Rowbury, Corporate 
  Broking

About Creat Resources Holdings Limited

CRHL is a mining investment company. CRHL is currently a major shareholder of Galaxy Resources Limited ("Galaxy"). Galaxy is an Australian-based integrated lithium mining, chemicals and battery company listed on the Australian Securities Exchange (Code: GXY) and is an S&P/ASX 300 Index Company. Galaxy plans to be one of the world's largest lithium carbonate producers and is positioning itself to be involved in every step of the lithium supply chain.

About Galaxy Resources Limited

Galaxy Resources Limited ("Galaxy") is a Western Australian S&P / ASX 300 Index company which plans to become one of the world's leading producers of lithium compounds - the essential component for powering the world's fast expanding fleet of hybrid and electric cars. With Galaxy's development of its 17,000 tpa lithium carbonate plant in Jiangsu province, Galaxy expects to be one of the largest and lowest cost lithium compound producers in China. Lithium compounds such as lithium carbonate are forecast to be in short supply against high future demand due to advances in long life batteries and sophisticated electronics including mobile phones and computers. Galaxy has positioned itself to meet this lithium future by not only mining the lithium, but also by downstream processing to supply lithium carbonate to the expanding Asian market.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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