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MGX RESOURCES LIMITED Board/Management Information 2011

Nov 16, 2011

65331_rns_2011-11-16_279640dc-f27b-40e0-a21c-af9fdb014155.pdf

Board/Management Information

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Mount Gibson Iron Limited ABN 87 008 670 817

First Floor, 7 Havelock Street West Perth 6005, Western Australia

PO Box 55, West Perth WA 6872

Telephone: 61-8-9426-7500 Facsimile: 61-8-9485-2305 E-mail: [email protected]

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VIA: WWW.ASXONLINE.COM

17 November 2011

The Manager Company Announcements ASX Limited Level 10, 20 Bond Street SYDNEY NSW 2000

Managing Director to Step Down

The Board of Mount Gibson Iron Limited has today reached agreement with Managing Director Luke Tonkin that Mr Tonkin will step down from his position after a transition period.

The transition period (up to six months) will allow the Board to identify and appoint a successor to Mr Tonkin.

Yours sincerely

MOUNT GIBSON IRON LIMITED

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David Berg Company Secretary

Further information:

Mr Geoffrey Hill Chairman, Mount Gibson Iron Limited +61 411 539 000