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MELBOURNE, AUSTRALIA -- (Marketwire - April 11, 2012) - Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA) (ASX:IVA), announced today that Peter Meredith and John Macken have resigned from their roles as non-executive directors of Ivanhoe Australia, effective immediately.
Mr. Meredith and Mr. Macken were appointed directors of Ivanhoe Australia in 2006 and 2007, respectively, prior to the company's listing on the ASX and have been instrumental in the growth and success of the company over the past five years.
"Robert Friedland and I would like to thank Peter and John for their exceptional contributions in building Ivanhoe Australia from the ground up and for their untiring service to the company," Mr Reeve said.
"Both Peter and John have been with us from the start and have helped Ivanhoe Australia develop from a junior exploration company with less than 70 employees to a producing mining company with more than 500 people employed directly and through our business partners."
The board also extends its thanks to Messrs Meredith and Macken for their service to the company.
Ivanhoe Mines (TSX:IVN) (NYSE:IVN) (NASDAQ:IVN) is Ivanhoe Australia's largest shareholder.
This information is available on our website: www.ivanhoeaustralia.com.
Contact Information
Ivanhoe Australia Limited Peter Reeve, Managing Director & CEO 61 3 9090 8800 peterr@ivancorp.net www.ivanhoeaustralia.com
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