Taruga Minerals Limited announced at completion of the Placement and Entitlement Offer, the Company will invite Mr. Stefan White to the Board as a non-executive director of the company. Mr. White has approximately 20 years of experience as an investor, corporate executive and financial advisor, principally focusing on resource and energy companies. Simultaneously with Mr. White's appointment, Mr. Bernard Aylward and Ms. Sheena Eckhof have offered to step down as directors of the Company. Mr. Aylward was the founder and original managing director of Taruga and remains a large and supportive shareholder.