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REG - Kavango Resources - Management Changes

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RNS Number : 4200E  Kavango Resources PLC  22 October 2025

22 October 2025

 o

MANAGEMENT CHANGES

 

Kavango Resources ("Kavango" or "the Company") (LSE: KAV.L and VFEX: KAV.VX)
advises that Mr Ben Turney is leaving his position as CEO, and as a Director
of the Company, with immediate effect.

Mr Peter Wynter Bee, Executive Chairman will step in as interim CEO whilst a
new CEO is recruited.  Mr Donald McAlister, a current NED, will assume the
role of CFO on an interim basis, and Mr Gautam Dalal will assume the role of
chairman of the Audit Committee.

Donald McAlister has extensive experience in Zimbabwe having been Finance
Director of both Reunion Mining PLC and Mwana Africa PLC. He served on the
Boards of both Freda Rebecca Gold Mine, Zimbabwe's largest gold mine at the
time, and Bindura Nickel Corporation.

Peter Wynter Bee, Executive Chairman, commented:

"Over the last three and a half years, Ben has brought the company into
Zimbabwe, a great country in which to do business with a highly skilled
workforce. He has taken the company to a Referral Listing on the Victoria
Falls Stock Exchange. I thank Ben for his contribution, and wish him all the
best for the future. Donald, Hillary Gumbo, a fellow director of Kavango, and
I worked together in Reunion Mining plc which developed mines in Zimbabwe and
Zambia and negotiated the sale of the company to Anglo American plc in 1999.
We have a strong team with the expertise and knowledge to help realise the
full potential of our assets for the benefit of all stakeholders."

Authorised by Peter F Wynter Bee, Executive Chairman

 

Contact

 

 Kavango                                                                 Public Relations

 Peter F Wynter Bee                                                      BlytheRay, kavango@blytheray.com (mailto:kavango@blytheray.com)

 Executive Chairman and interim CEO                                           Tim Blythe/Megan Ray/Said Izagaren

 pwynterbee@kavangoresources.com                                         +44 207 138 3204
 (mailto:Matthias.otoolehowes@resolutemining.com)

 +44 7973 818120

                                                                       Corporate Broker
 Alex Gorman - COO

                                                                       Shard Capital Partners LLP
 agorman@kavangoresources.com (mailto:agorman@kavangoresources.com)

                                                                       Damon Heath damon.heath@shardcapital.com (mailto:damon.heath@shardcapital.com)
 +44 7749 745941

                                                                       +44 204 530 6926
 Tham Mpofu

 Chairman Kavango Zimbabwe

 tmpofu@kavangoresources.com (mailto:tmpofu@kavangoresources.com)

 +263 77 210 5145

 

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