Former AC/DC and Rose Tattoo bassist Neil Smith died today (April 7) after a battle with cancer.

The news was announced by his family on the musician's official Facebook page (via NineMSN).

"Neil Smith passed away in the early hours of the morning, Sunday the 7th of April 2013," the statement said. "He was sleeping peacefully and surrounded by family. Neil is now in peace and is no longer battling with cancer. There is not a person out there who has met him and not felt like their lives were better for the experience. He was a loving and devoted father, a loyal friend and all round generous person. He was larger than life, and his passing will be felt. Thanks to all his friends for their support and love, especially during the final stages of his life."

Smith was in AC/DC in 1974, prior to the release of their 1975 debut album High Voltage.

He was 60 years old.

Watch "Watch Rose Tattoo Perform 'Rock N' Roll Outlaw'" Video