April 6 (Reuters) - Austex Oil Ltd AOK.AX
* Advises that company's chairman, Michael Stone, has resigned as a director of Austex with effect from 5 April 2017
* Currently undergoing board transition review, consideration of new appointment and interim chairman will be advised to market upon conclusion
* Stone advises that he will continue to be keenly interested in Austex's progress as a major shareholder of company Source text for Eikon: Further company coverage: AOK.AX