Last checked at 1 Mar 2023 12:49
Kazera Global Plc ("Kazera" or the "Company")
Resignation of Executive Director
Kazera Global plc, the AIM-quoted investment company, announces that Odilon Kasongo Ilunga, Executive Technical Director of Kazera, has informed the Board of his intention to resign for personal reasons.
Odilon has been a Director of Kazera since July 2020, based in Windhoek, Namibia, and has made a meaningful contribution to Kazera's interests and relationships in that country as well as to the Board in general. His resignation is with effect from 14 March 2023.
In light of Odilon's resignation and the sale of Kazera's Namibian project (see RNS dated 22 December 2022) the Company will be assessing the make-up of the board and seeking a suitable replacement if deemed appropriate.
Dennis Edmonds, Kazera Chief Executive Officer, commented:
"On behalf of the Board of Kazera I would like to thank Odilon sincerely for his contribution to Kazera and specifically our project in Namibia over the past few years. We wish Odilon well in his future endeavours."
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.kazeraglobal.com
Kazera Global plc Dennis Edmonds (CEO) | |
finnCap (Nominated Adviser & Joint Broker) Christopher Raggett / Fergus Sullivan (Corporate Finance) | Tel: +44 (0)207 220 0500 |
St Brides Partners (Financial PR) Paul Dulieu / Isabel de Salis / Will Turner | kazera@stbridespartners.co.uk |
Tel: +44 (0) 20 7236 1177 |
**ENDS**
About Kazera Global
Kazera is a global investment company focused on developing early-stage assets towards meaningful cashflow and production in the resource sector. Its current assets include a diamond mine and heavy mineral sands production in South Africa. The Company intends to leverage its unique board expertise, investment capability and operational proficiency, to facilitate exceptional cash generation and shareholder growth.