Kogi Iron Ltd Appoints Two Non-Executive Directors
Foley Durham is delighted to partner Craig Hart, Chairman of ASX listed mining company Kogi Iron Limited (ASX:KFE) to appoint two independent Non-Executive Directors (NED's) to the Board effective immediately as announced to the ASX yesterday 9th November 2020.
The board have appointed Richard Little and Sean Gregory as Non-Executive Directors effective immediately.
Richard brings 25 years in senior finance roles as a CFO in companies such as AED Oil Limited and Newcrest Mining Limited with finance and operational experience working within ASX listed companies as well as medium and large privately-owned resources organisations in Australia and South-East Asia.
Sean is currently CEO of ASX listed miner Great Southern Mining Limited and has worked across Iron Ore, Lithium, Cobalt, Nickel, and Gold holding leading roles in the development of numerous iron ore, lithium, gold and cobalt- nickel mines in Western Australia at stages from exploration to studies to operational excellence at different levels ranging from Geologist to Project Manager to Managing Director.
Congratulations to Richard and Sean who both bring a demonstrable track record in key leadership roles in mining bringing further expertise and diversity of skills to the Board.
About Kogi Iron (ASX: KFE)
Kogi Iron Limited is an Adelaide-based company with the objective of becoming a producer of cast steel billet product that can be sold to fabricators of finished steel products through the development of its 100% owned Agbaja Cast Steel project located in Kogi State, Republic of Nigeria, West Africa (“Agbaja” or “Agbaja Project”).
Nigeria has substantial domestic demand for steel products, which is currently met largely through imports of scrap steel raw materials. The Agbaja project, located on the Agbaja plateau approximately 15km northwest of Lokoja city in Kogi State and 200km southwest of Abuja, the capital city of Nigeria, opens the opportunity for domestic production of steel.
The Company holds a land position which covers a large part of the Agbaja Plateau. The Agbaja Plateau hosts an extensive, shallow, flat-lying channel iron deposit with an Indicated and Inferred Mineral Resource of 586 million tonnes with an insitu iron grade of 41.3% reported in accordance with the JORC Code (2012). This mineral resource covers approximately 20% of the prospective plateau area within ML24606 and ML24607.
Foley Durham continues to lead the way partnering with Chairman of Boards to appoint NED's of ASX listed companies seeking diversity in board composition.
For a confidential discussion about your future NED opportunities or Board search, please contact Foley Durham Managing Director, Jason Foley BCom MAICD on +61 405 181 882