CardieX Limited announced that US-based CFO, Mr. Reid Yeoman, has unfortunately had to resign from the Company with immediate effect due to personal reasons. Following Reid's resignation the Board has commenced a search for a full-time US-based CFO, and in anticipation of an upcoming appointment, have prudently reorganized the finance and Company Secretary roles. The finance function is currently resourced using a combination of internal and external accounting and finance services, noting that the CFO role/function has previously been provided on an outsourced basis by Mr. Jarrod White and Mr. Nicholas Marshall for over four years prior to Reid's appointment.

The Board has reinstated the outsourced CFO function on an interim basis during the period of the CFO search.