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LONDON (Alliance News) - Kodal Minerals PLC said Thursday it has appointed PricewaterhouseCoopers audit partner Charles Joseland to its board.
Shares in Kodal were down 3.2% at 0.15 pence at noon.
Joseland joins Kodal, a mineral exploration and development company, as a non-executive director. He has 32 years experience with PwC which includes 20 years as audit partner in PwC's Energy, Utilities & Mining group.
Joseland will chair Kodal's audit committee, effective immediately, and he will be proposed for re-election at Kodal's net annual general meeting.
Kodal Chief Executive Bernard Aylward said: "Kodal is continuing with its fast track development and exploration of the Bougouni lithium project in southern Mali, and to accomplish this we have now strengthened our board with a knowledgeable corporate and financial expert who will support our growth."
"Our technical team, led by Project Manager Steve Zaninovich and Exploration Manager George Michaelides, continues to advance the Bougouni lithium project with a focus on completing our [environmental and social impact assessment] and feasibility studies to support our future mining application. The company is in a very strong position to reach our target of first lithium production from Bougouni in 2020 with our scalable JORC resource, strategic investor and offtake partner secured and defined development path in place."
