REG - Kazera Global PLC - Directorate Change

Kazera GlobalAnnouncement

08/07/2022 15:30

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RNS Number : 8978R  Kazera Global PLC  08 July 2022

8 July 2022

Kazera Global plc

("Kazera" or the "Company")

Directorate Change

Kazera Global plc, the AIM quoted investment company, is pleased to announce
the appointment of Mr. Geoffrey Eyre as a Non-Executive Director of the
Company.

 

Mr. Eyre is an experienced finance professional with more than 17 years of
experience holding senior positions with companies in the mining industry
including producing assets, exploration and development stage companies and
private equity investment funds. Most recently, Mr. Eyre was the CFO of
Adriatic Metals plc (ASX:ADT, LSE:ADT1) during which time Adriatic secured a
financing package for the construction of its polymetallic mine in Bosnia
& Herzegovina comprising US$102 million of equity and US$142.5 million
project finance facility with Orion Mine Finance.

 

As CFO of Avesoro Resources Inc. (TSX:ASO, AIM:ASO (AIM%3AASO) ), Mr. Eyre
was intrinsically involved in the turnaround of the New Liberty gold mine in
Liberia, acquisition of the Youga gold mine in Burkina Faso from Endeavour
Mining and Avesoro's subsequent privatisation by its largest shareholder. As
Managing Director of NurtureEx B.V., an incubator fund of AMED Funds, Mr. Eyre
appraised numerous investment opportunities across Africa covering base and
precious metals, deal structuring and taking up board positions with investee
companies.

 

Mr. Eyre was also CEO of Amlib Holdings plc, an exploration and development
company with assets in Liberia, prior to its acquisition by MNG Gold in 2014
and oversaw the financial aspects of the company's post acquisition mine
build. He was also the Group Financial Controller of Ferrexpo plc, the
Ukrainian iron ore producer, during its IPO on the London Stock Exchange.

 

Mr. Eyre is a Chartered Accountant, member of the ICAEW and holds a
first-class honours degree in Electrical Engineering from the University of
Warwick.

 

In line with his appointment, Mr. Eyre has been granted options over 3,000,000
shares at a price of 1p per share.

 

Further disclosures in relation to Mr. Eyre's appointment as required under
AIM Rule 17 and Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for
Companies are included in the appendix below.

 

Simultaneously with Mr. Eyre's appointment, Giles Clarke and Nick Harrison
will be resigning from their positions as Non-executive Chairman and
Non-Executive Director respectively with immediate effect to pursue other
interests. The Company is currently actively pursuing the appointment of a new
Chairman.

 

 

Dennis Edmonds, CEO of Kazera, commented:

 

"I am delighted to welcome Geoff to the Board. His extensive background in
mining and mining investments adds further strength to the Board's ability to
identify and assess possible future mining related opportunities. His contacts
within the industry will also be very useful in terms of sourcing new
opportunities for the Company.

 

"In addition, I also wish to thank Giles and Nick for their many years of
service and support to the Company and to wish them all in the best in the
future. They remain the Company's largest creditor and substantial
shareholders so their relationship with the Company will continue in the
future"

 

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) No. 596/2014 ('MAR').

 

 

For further information on the Company, visit: www.
(http://www.kazeraglobal.com/) kazeraglobal (http://www.kazeraglobal.com/)
.com (http://www.kazeraglobal.com/)

 

 Kazera Global plc (c/o Camarco)                        Tel: +44 (0)203 757 4980

 Dennis Edmonds (CEO)

 finnCap (Nominated Adviser and Joint Broker)           Tel: +44 (0)207 220 0500

 Christopher Raggett / Tim Harper (Corporate Finance)

 Peterhouse Capital Limited (Joint Broker)              Tel: +44 (0) 207 220 9797

 Duncan Vasey and Lucy Williams (Corporate Broker)

 Camarco (PR)

 James Crothers / Hugo Liddy / Gordon Poole               Tel: +44 (0)20 3781 8331

 

INFORMATION REQUIRED UNDER RULE 17 AND SCHEDULE 2, PARAGRAPH (G) OF THE AIM
RULES FOR COMPANIES ("AIM RULES")

 Full name:                                                    Geoffrey Peter Eyre
 Age:                                                          48
 Shareholding in the Company:                                  None
 Current directorships and partnerships:                       GPE Consulting Limited
                                                               Explora One Limited

 Historic directorships and partnerships in previous 5 years:  Adriatic Metals Services (UK) Limited

                                                               Adriatic Metals Holdings BIH Limited

                                                               Adriatic Metals Jersey Limited

                                                               Tethyan Resources Jersey Limited

                                                               Cayman Burkina Mines Limited
                                                               Jersey Netania Mining Limited
                                                               MNG Gold Exploration Limited
                                                               Avesoro Resources Inc
                                                               NutureEx B.V.
                                                               NutureEx Services Limited
                                                               Aquamarine Ex BV
                                                               Jasper Ex BV
                                                               Amethyst Ex BV
                                                               Red Sea Gold BV (previously Onyx Ex BV)
                                                               Environminerals East Africa Limited
                                                               Armada Minerals Limited
                                                               Avesoro Services (Jersey) Limited
                                                               Avesoro Holdings Limited
                                                               Avesoro Jersey Limited

 

There is no further information to be disclosed in relation to the director
appointment pursuant to Rule 17 and Schedule 2, paragraph (g) of the AIM
Rules.

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Geoff Eyre
 2.  Reason for the notification
 a)  Position/status                                              Non-Executive Director
 b)  Initial notification/Amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Kazera Global
 b)  LEI                                                          213800U4PZ148SFLGY26
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Options over ordinary shares of 1 pence each

     Identification code

                                                                  GB00B830HW33
 b)  Nature of the transaction                                    Issue of options
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            £0.01     3,000,000

 d)  Aggregated information                                       Not applicable - single transaction
 e)  Date of the transaction                                      8 July 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

8 July 2022

f)

Place of the transaction

Outside a trading venue

 

**ENDS**

 

 

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