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GENESIS RESOURCES LIMITED Board/Management Information 2012

Mar 18, 2012

64980_rns_2012-03-18_039756b1-3d02-4bf1-90f1-716d326ae6c3.pdf

Board/Management Information

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Genesis Resources Limited is an Australian company with a portfolio (over 1,877 km[2] ) of quality iron, manganese, gold and base metal projects in the highly prospective Proterozoic and Palaeozoic metallogenic provinces of Australia.

Genesis has also signed a Joint Venture over the Plavica Project: an advanced project within Macedonia. The Plavica Project is highly prospective for gold, copper, silver, lead and zinc mineralisation.

Genesis is an exploration company committed to the creation of shareholder value through successful mineral exploration and development.

Registered Office

Level 3, 1 Collins Street, Melbourne VIC 3000 Australia Tel: +61 3 9665 0411 Fax: +61 3 9650 5571

ABN: 22 114 787 469

ASX ANNOUNCEMENT

19 March 2012

Resignation of Director

Genesis Resources Limited (the Company ) advises that Dr. Ahmet Kerim Sener is resigning as Non-Executive Director of the Company, effective from today, to focus on other interests.

Dr. Sener joined the Company as Director in 2006 and has since been a key figure in the progression and development of the Company. Dr Sener will continue his involvement with the Company as a consultant in relation to work being undertaken on the Company’s Plavica Macedonia Project.

The Board recognises and thanks Dr. Sener for his notable contribution to the Company during his tenure as Director and wishes him well in his future endeavours. An Appendix 3Z (Final Director’s Interest Notice) in relation to Dr. Sener will follow shortly.

-End

Directors and Management

Mr Eddie Pang Chairman

Dr John Parker Non-Executive Director

Mr Deric Wee Non-Executive Director Ms Sophie Karzis Company Secretary

For further information, please contact:

Eddie Pang

ASX Code: GES Issued Capital: 53.08m

Chairman Genesis Resources Limited Tel: +61 3 9867 3723 [email protected]

Level 3, 1 Collins Street, Melbourne, Victoria 3000, Australia Tel: +61 3 9665 0411 Fax: +61 3 9650 5571 www.genesisresourcesltd.com.au