KOGI MANAGEMENT CHANGES AND APPOINTMENT OF ADVISORSThe Directors...

KOGI MANAGEMENT CHANGES AND APPOINTMENT OF ADVISORSThe Directors of Kogi Iron Limited and its Nigerian subsidiary KCM Mining (ASX: KFE, ‘Kogi’, ‘theCompany’) are making the following management changes.Martin Wood has resigned as Managing Director effective 5th August, 2019. David Turvey, a non-executivedirector of the Company, will assume the role of Managing Director on a short-term basis while a searchis conducted for a new CEO. David is very well experienced to take on this role, having been the formerManaging Director of FerrAus Limited. Martin will remain as a financial consultant till 30thSeptember 2019.To ensure continuity of project knowledge & respect of in-country relationships the Company is alsopleased to announce the appointment of Dr Ian Burston, Mr Kevin Joseph and Mr Ian Whiteley asadvisors to assist in progressing the Agbaja Cast Steel Project. All have extensive experience in Africa,and Nigeria in particular, and have had a long association with the Project from its inception. Dr Burstonis also a director of KCM Mining.The advisors will report to the KCM Mining board and the positions are unremunerated.The Company has also set up a Finance Committee to be chaired by non-executive director Peter Huljich.The committee will be responsible for identifying and securing the funding required for the completion ofthe detailed engineering and technical program for the development of the Agbaja Project. The committeewill also include Greg Boulton, a non- executive director of the Company.The board of the Company thanks Martin for his service and commitment over his period as ManagingDirector.Commenting on these appointments, Kogi’s Chairman, Don Carroll, said that ‘it is important that theCompany draws on the full experience of its directors and advisors to secure the successful funding andsubsequent development of the Agbaja Project.”