REG - Zanaga Iron Ore - Appointment of Joint Broker

Zanaga Iron OreAnnouncement

Tue 07:00

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RNS Number : 7144K  Zanaga Iron Ore Company Ltd  09 December 2025

 

9 December 2025

Zanaga Iron Ore Company Limited

("ZIOC" or the "Company")

Appointment of Joint Broker

Zanaga Iron Ore Company Limited (AIM: ZIOC), which is progressing with the
development of the Zanaga Iron Ore Project, is pleased to announce the
appointment of Tamesis Partners LLP as Joint Broker to the Company with
immediate effect.

Panmure Liberum Limited will continue to act as the Company's Nominated
Advisor and Joint Broker, and Shard Capital LLP will continue to act as Joint
Broker.

Tamesis Partners LLP commented:

"The progress made by management, particularly confirmation of the ability to
produce a high-grade Direct Reduced Iron pellet feed product, has positioned
the Zanaga Project as one of the most significant iron ore development
opportunities globally, with standout economic returns. We are looking forward
to working with the Company to build awareness with investors as the project
advances towards development."

Martin Knauth, CEO of ZIOC, commented:

 

"We are pleased to welcome Tamesis Partners LLP as Joint Broker. Their
expertise in the mining sector and strong relationships across the investor
community will support our growth strategy as we achieve these milestones. We
look forward to working closely with Tamesis."

 

For further information, please contact:

 Zanaga Iron Ore Company Limited                         Andrew Trahar

 Corporate Development and Investor Relations Manager    +44 20 3916 5021
 Panmure Liberum Limited                                 Scott Mathieson / John More

 Nominated Adviser, Financial Adviser and Joint Broker   +44 20 3100 2000
 Tamesis Partners LLP                                    Richard Greenfield/ Charles Bendon

 Joint Broker                                            +44 203 882 2868
 Shard Capital Partners LLP                              Damon Heath

 Joint Broker                                            +44 20 7186 9952
 BlytheRay                                               Tim Blythe / Megan Ray / Will Jones

 Public Relations                                        +44 20 7138 3204

                                                         Zanaga@BlytheRay.com

 

ENDS

About ZIOC:

Zanaga Iron Ore Company Limited (AIM ticker: ZIOC) is an iron ore exploration
and development company, with its flagship asset being the 100%
owned Zanaga Iron Ore Project, located in the Republic of Congo. The
Government Mining Licence, Environmental Permit, and Mining Convention are all
in place for this project.

The Zanaga Iron Ore Project is a globally significant asset with a 6.9 billion
tonne resource and 2.1 billion tonne reserve, aimed at 30Mtpa production of
high-grade DRI pellet feed with very low impurity levels. A 2024 Feasibility
Study confirmed its strong economic viability. When fully developed, Stage One
(12Mtpa) and Stage Two (18Mtpa expansion) together could establish Zanaga as
one of the largest iron ore mines worldwide. With all key permits secured,
Zanaga is well positioned to benefit from increasing demand for high-quality,
low-impurity iron ore, utilising low operating costs and an efficient slurry
pipeline to the port.

In light of the changes in the world's economy and the increasing demand for
low-carbon steel production, the Zanaga Project is well-positioned to become
one of the largest producers of high-grade premium DRI pellet feed iron ore
concentrate.

The Zanaga Iron Ore Company Limited LEI number is 21380085XNXEX6NL6L23.

 

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