June 15 (Reuters) - Powerhouse Ventures Ltd PVL.AX :
* Russell Yardley has been duly appointed as chairman by board
* Notes recent media commentary in New Zealand relating to its recently appointed chairman, Blair Bryant
* Co has conducted its own internal investigation and determined that Blair Bryant has made an inaccurate declaration to Co
* Bryant has stepped down from his role as chairman of the board and currently remains as a director of Powerhouse Source text for Eikon: Further company coverage: PVL.AX