KULA Gold Limited reports that Arnold Vogel has resigned as a non-executive director.

The company said My Vogel has electedto focus on his other business responsibilities.

Kula chairman, David Frecker, said that since his appointment in April 2015, Mr Vogel has made a significant contribution to the Board with his considerable resource financing and PNG experience.

“We thank Arnold for his contribution over the past 18 months and his valuable input to Board decision-making. We wish him well as he moves on.”

RMB Resources, of which Mr Vogel is an employee, remains as a 13.1% shareholder of Kula Gold Limited.