QUANTUM GRAPHITE LIMITED — Board/Management Information 2016

Mar 1, 2016

ASIA PACIFIC I EUROPE I NORTH AMERICA

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2 March 2016

ASX: VXL & VXLO

AUSTRALIAN STOCK EXCHANGE ANNOUNCEMENT & MEDIA RELEASE

BOARD CHANGES AT VALENCE

Valence Industries Limited (“ Valence ” or the “ Company ”) (ASX: VXL, VXLO) advises that Non-executive director Ian Schache has resigned from the Board of the Company. The Board would like to thank Mr Schache for his contribution and guidance to the Company since listing and wishes him well in retirement.

For further information, please contact:

Investor enquiries:Robert MencelManaging Directorinfo@valenceindustries.com+61 8 8215 6400	Media enquiries:Rebecca LawsonMedia & Capital Partnersrebecca.lawson@mcpartners.com.au+61 433 216 269

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