REG - Ironveld PLC - Appointment of CEO

IronveldAnnouncement

02/05/2024 07:00

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RNS Number : 9131M  Ironveld PLC  02 May 2024

 

02 May 2024

 

IRONVELD PLC

("Ironveld" or the "Company")

 

Appointment of CEO

 

Ironveld plc, the owner of a High Purity Iron ("HPI"), Vanadium and Titanium
project located on the Northern Limb of the Bushveld Complex in Limpopo
Province, South Africa (the "Project") is pleased to announce the appointment
of Kristoffer Andersson as Chief Executive Officer.

 

Mr Andersson is a Swedish Economist with international executive level
experience in both publicly quoted and private companies. He has an extensive
global entrepreneurial background in corporate governance, marketing, finance,
energy, renewable energies, mining and commodities. He will be based at the
Company offices in Johannesburg, South Africa.

 

 

John Wardle, Executive Chairman, said: "I am pleased to welcome Kris to the
Company and the Board. His abilities and experience are a very good fit for
the challenges and opportunities we face, and I and the Board look forward to
supporting him as he works to deliver the Company objectives."

 

 

 

 

For further information, please contact:

 

 Ironveld plc                                          c/o BlytheRay

 John Wardle, Executive Chairman                       020 7138 3204

 Cavendish Capital Markets Limited (Nomad and Broker)  020 7220 0500

 Derrick Lee / Adam Rae

 Turner Pope (Joint Broker)                            020 3657 0050

 Andy Thacker / James Pope

 BlytheRay                                             020 7138 3204

 Megan Ray / Tim Blythe

 

 

Notes to Editors:

 

Ironveld (IRON.LN) is the owner of Mining Rights over approximately 28
kilometres of outcropping Bushveld magnetite with a SAMREC compliant ore
resource of some 56 million tons of ore grading 1,12% V2O5, 68,6% Fe2O3 and
14,7% TiO2.

 

In 2022 Ironveld agreed to acquire and refurbish a smelter facility in
Rustenburg, South Africa, in which it can process its magnetite ore into the
marketable products of high purity iron, titanium slag and vanadium slag. This
transaction became unconditional in March 2023.

 

Ironveld is an AIM traded company. For further information on Ironveld please
refer to www.ironveld.com (http://www.ironveld.com/) .

 

The following disclosures are made pursuant to Schedule 2 paragraph (g) of the
AIM Rules.

 

Fredrik Kristoffer (Kris) Andersson, age 47, holds/held the following
directorships and/or partnerships:

 

 Current Directorships / Partnerships  Former Directorships / Partnerships

                                       (within the last 5 years)
 EEW H2 Limited                        n/a

 InLIne Interior Aktiebolag

 

There are no further disclosures required to be made pursuant to Schedule 2
paragraph (g) of the AIM Rules.

 

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