Argosy Minerals Limited advised of the following Board change as a part of the off-market takeover Bid being declared unconditional by Baru Resources Limited on 17 September 2013. Mr. Peter Lloyd has resigned as Executive Director of Argosy Minerals Limited. Mr. Kevin Nichol has been appointed to the Board of Directors of Argosy as a representative of the shareholders of Baru.

Mr. Kevin Nichol is currently Managing Director of Baru. As part of the board restructure, Mr. Alan Thomas has resigned as Company Secretary and Ms Melanie Leydin has been appointed as Company Secretary. Melanie is currently Company Secretary of Baru.