Source - LSE Regulatory
RNS Number : 6848M
Kodal Minerals PLC
18 September 2023
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR")

 

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

18 September 2023

Kodal Minerals plc

("Kodal Minerals", "Kodal" or the "Company")

 

Kodal Board Update - Non-Executive Director Resignation

 

Kodal Minerals, the mineral exploration and development company focused on lithium and gold assets in West Africa, announces the resignation of Dr Qingtao Zeng as a non-executive director of the Company with immediate effect.

 

Dr Zeng has been a member of the Board of Kodal since November 2017 and has been the representative of Kodal's largest shareholder, Suay Chin International Pte Limited, since that time.  Dr Zeng's time as a non-executive director has coincided with a major period of growth for Kodal as the Company has undertaken exploration and development work at the Bougouni Lithium Project. Dr Zeng's expertise in the lithium sector has provided the Company with valuable knowledge and direction and the Company has been able to advance the project rapidly to the final development and construction phase.

 

Dr Zeng has tendered his resignation for personal reasons and the Company wishes him well in his future endeavours.

 

Bernard Aylward, CEO of Kodal Minerals, remarked: "I would like to thank Qingtao for his long-term involvement and support of Kodal and his contribution to our Company has been invaluable as we have explored and advanced the Bougouni Lithium project.   Qingtao has provided a strong sounding board for our plans and has willingly offered his expertise to the Company. The Company extends its best wishes to Qingtao for all his future endeavours."

 

**ENDS**

 

For further information, please visit www.kodalminerals.com or contact the following:

 

Kodal Minerals plc

Bernard Aylward, CEO

 

Tel: +61 418 943 345

 

Allenby Capital Limited, Nominated Adviser

Jeremy Porter/Vivek Bhardwaj/Nick Harriss

 

 

Tel: 020 3328 5656

SP Angel Corporate Finance LLP, Financial Adviser & Joint Broker

John Mackay/Adam Cowl

 

 

Tel: 020 3470 0470

Canaccord Genuity Limited, Joint Broker

James Asensio/Gordon Hamilton

 

 

Tel: 0207 523 4680

St Brides Partners Ltd, Financial PR

Susie Geliher/Ana Ribeiro

 

 

Tel: 020 7236 1177

 

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