REG - Kavango Resources - Director Retirement

Kavango ResourcesAnnouncement

23/08/2022 17:30

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RNS Number : 9681W  Kavango Resources PLC  23 August 2022

 PRESS RELEASE

 

23 August 2022

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Director Retirement

Kavango Resources plc (LSE:KAV) ("Kavango") announces that Mike Moles, a
Non-executive Director of the Company and one of its founders, has decided to
retire from the board with effect from 31 August 2022. He will continue as a
consultant to the Company until 28 February 2023.

 

Mike Moles commented "Hillary Gumbo and I established Kavango Minerals in….,
and we floated Kavango Resources PLC on the London Stock Exchange in 2028. I
am delighted with the progress that we have been able to make over that time,
particularly in our two major projects, in the Kalahari Copper Belt and the
Kalahari Suture Zone. The independent support which our work on the KSZ
received in the reports on the 2021/22 drill programme which the Company
published on 18 August 2022 was particularly pleasing. As a substantial
shareholder in the Company, I shall look forward to further positive news on
our projects over the coming months and years."

 

David Smith, Chairman of Kavango, said "Mike has had a long and distinguished
career in the mining industry and Kavango has been lucky to benefit from his
experience for many years. His influence on the Company and its projects has
been profound and will continue to be felt for some time. We are fortunate
that we will continue to have access to Mike's advice for a further six
months, and we wish him well in his retirement."

 

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Further information in respect of the Company and its business interests is
provided on the Company's website at www.kavangoresources.com
(http://www.kavangoresources.com) and on Twitter at #KAV.

For additional information please contact:

Kavango Resources plc
 

Ben Turney

bturney@kavangoresources.com

+46 7697 406 06

First Equity (Joint Broker)

+44 207 374 2212

Jason Robertson

SI Capital Limited (Joint
Broker)

+44 1483 413500

Nick Emerson

 

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