April 17 (Reuters) - Platina Resources Ltd PGM.AX :
* FURTHER REDUCED EXPENDITURE IN RESPONSE TO COVID-19 PANDEMIC
* NON-EXECUTIVE DIRECTORS & CHAIRMAN AGREED TO VOLUNTARY REDUCTION OF BOARD FEES BY 70% & 50%, RESPECTIVELY FOR JUNE QUARTER 2020
* MANAGING DIRECTOR COREY NOLAN'S ANNUAL BASE SALARY HAS BEEN REDUCED BY 25%
* MANAGING DIRECTOR'S SALARY BEEN REDUCED TO ANNUALISED LEVEL OF $120,000 INCLUDING SUPERANNUATION FOR APRIL AND MAY
* OTHER COST REDUCTIONS IN 2019 & 2020 INCLUDE CLOSING BRISBANE OFFICE & REDUCING CONTRACT WORKFORCE AT PLATINA SCANDIUM PROJECT