Orefinders Resources Inc. announced that its Board of Directors has appointed Stephen Stewart as the company's new Chief Executive Officer. Alexander Stewart retains the position of Executive Chairman of the company. The company also announced the resignation of William Yeomans from the positions of President and CEO and as a director of the company in order to pursue other business objectives.

The company announced that Mr. Yeomans has agreed to remain available to the company as a consulting geologist going forward.