The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR")
Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining
18 September 2023
Kodal Minerals plc
("Kodal Minerals", "Kodal" or the "Company")
Kodal Board Update - Non-Executive Director Resignation
Kodal Minerals, the mineral exploration and development company focused on lithium and gold assets in West Africa, announces the resignation of Dr Qingtao Zeng as a non-executive director of the Company with immediate effect.
Dr Zeng has been a member of the Board of Kodal since November 2017 and has been the representative of Kodal's largest shareholder, Suay Chin International Pte Limited, since that time. Dr Zeng's time as a non-executive director has coincided with a major period of growth for Kodal as the Company has undertaken exploration and development work at the Bougouni Lithium Project. Dr Zeng's expertise in the lithium sector has provided the Company with valuable knowledge and direction and the Company has been able to advance the project rapidly to the final development and construction phase.
Dr Zeng has tendered his resignation for personal reasons and the Company wishes him well in his future endeavours.
Bernard Aylward, CEO of Kodal Minerals, remarked: "I would like to thank Qingtao for his long-term involvement and support of Kodal and his contribution to our Company has been invaluable as we have explored and advanced the Bougouni Lithium project. Qingtao has provided a strong sounding board for our plans and has willingly offered his expertise to the Company. The Company extends its best wishes to Qingtao for all his future endeavours."
**ENDS**
For further information, please visit www.kodalminerals.com or contact the following:
Kodal Minerals plc Bernard Aylward, CEO |
Tel: +61 418 943 345
|
Allenby Capital Limited, Nominated Adviser Jeremy Porter/Vivek Bhardwaj/Nick Harriss
|
Tel: 020 3328 5656 |
SP Angel Corporate Finance LLP, Financial Adviser & Joint Broker John Mackay/Adam Cowl
|
Tel: 020 3470 0470 |
Canaccord Genuity Limited, Joint Broker James Asensio/Gordon Hamilton
|
Tel: 0207 523 4680 |
St Brides Partners Ltd, Financial PR Susie Geliher/Ana Ribeiro
|
Tel: 020 7236 1177 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.