ZIOC Zanaga Iron Ore Company Limited

TIDMZIOC

RNS Number : 7152W

Zanaga Iron Ore Company Ltd

14 December 2023

14 December 2023

CEO appointment

Zanaga Iron Ore Company Limited ("ZIOC" or the "Company") (AIM: ZIOC), is pleased to announce the appointment of Martin Knauth as Chief Executive Officer with immediate effect.

Mr Knauth is a senior mining executive with extensive experience in the industry spanning more than 30 years in a wide range of cultures, countries and commodities, with notable success in project development, operations and transformational growth phases, as well as establishment of performance cultures. With previous experience in Australia, Kazakhstan, Madagascar, Cuba, the DRC and many other jurisdictions, working for such companies as Western Mining Corp, Vale, Sherritt Metals International, KAZ Minerals and Glencore. He has a strong record in establishing and maintaining positive relationships with governments, communities, employees and other Project stakeholders critical to the Company's success.

Mr Knauth holds a Bachelor's degree in Mining Engineering from the University of Queensland, a Masters degree in Mineral Economics from Curtin University and is a Member of the AusIMM.

Mr Knauth will not be joining the Board of Directors at this stage, but a potential Board role will be considered in the future.

Clifford Elphick, Chairman of ZIOC commented:

"I am delighted to announce the appointment of Marty Knauth as CEO of ZIOC. Marty brings extensive experience in project development, operations and transformational growth phases in the mining industry. These positive attributes are essential to moving the Zanaga Project forward, especially in light of the recently announced strategic objectives of the Company."

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

For further information, please contact:

Zanaga Iron Ore

   Corporate Development and                         Andrew Trahar 
   Investor Relations Manager                          +44 20 7399 1105 

Liberum Capital Limited

   Nominated Adviser                                        Scott Mathieson, Kane Collings 
   and Corporate Broker                                     +44 20 3100 2000 

About us:

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

A major Project update is underway to freshen historical studies in light of changes in the world's economy and growing demand for low-carbon steel production, for which the Zanaga resource is highly suited, with the potential to become one of the largest producers of high grade premium pellet feed iron ore.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAUOORRORUUAUA

(END) Dow Jones Newswires

December 14, 2023 02:00 ET (07:00 GMT)

Zanaga Iron Ore (LSE:ZIOC)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024

Zanaga Iron Ore (LSE:ZIOC)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024