Dec 20 (Reuters) - Walkabout Resources Ltd WKT.AX :
* CURRENTLY TRANSITIONING FROM EXPLORATION CO TOWARDS A DEVELOPER IN RELATION TO ITS LINDI JUMBO GRAPHITE PROJECT IN TANZANIA
* REVIEW TO INCLUDE REDUCTION OF NUMBER OF EXECUTIVE DIRECTORS, APPOINTMENT OF A MAJORITY OF INDEPENDENT NON-EXECUTIVE DIRECTORS
* TO UNDERTAKE REVIEW TO CONSIDER, AMONG OTHERS, SPLITTING ROLE OF CHAIRMAN INTO NON-EXECUTIVE AND CEO