Message is clear

Hi all

I think the appointment of Michael Tilley to the board as a non-exec is a clear message to shareholders that the company is immediately progressing to the next phase of its evolution which involves the negotiation and execution of financing agreements.

We need someone with expertise in this regard and Michael certainly fits that bill. It would appear that Don Carroll, one of our directors, has a relationship with him.

http://www.terraincapital.com/our-people.aspx

Also, it appears that he has had some experience with Kogi in the past... as well as dealing with African mining companies. So again, a good fit.

Check out slide 10 of the presentation in this link

http://www.objectivecapitalconferences.com/ocic/wa2012/mtilley.php

Overall a good fit IMO and what is required to move Kogi forwards and closer towards "realising the projects economic potential"

Good luck all