viewKavango Resources PLC

Kavango Resources - Board Appointments

RNS Number : 1549L
Kavango Resources PLC
11 January 2021


 11 January 2021



("Kavango" or "the Company")


Board Appointments

Kavango Resources plc (LSE:KAV) is pleased to announce the appointment of Mr David Smith as Non-Executive Chairman and Mr Ben Turney as an Executive Director to the Board of Directors, with immediate effect.

David Smith, 65, is a solicitor who has worked in corporate finance and the equity capital markets for over 30 years. He has considerable practical experience of corporate governance, regulatory and compliance issues, and has advised junior mining companies, both quoted and private, extensively throughout his career. Between 2007 and 2016 he was a partner in an international law firm with a considerable reputation for mining law. Since January 2016 he has been a partner in Druces LLP, the Company's solicitors, where he has helped the firm's Capital Markets team establish itself as a significant player in the small cap sector, particularly among natural resources companies.

David will lead the Board at Kavango with particular focus on internal controls and corporate governance.

Ben Turney, 42, has been working as a consultant for Kavango since April 2020. He has played a key role in reshaping the company's investor relations and the successful completion of the recent £2million placement. Ben is an experienced participant in London's small cap financial markets, having previously worked as an investigative writer and shareholder advocate. He currently advises and works for a number of companies, both in the United Kingdom and North America, with a particular focus on the mining sector. Ben is responsible for our public relations.

Michael Foster, CEO of the Company: "We welcome David and Ben onto the Kavango Board to join Mike Moles and myself. I have worked with David for over 30 years. He has advised various resource companies with which I have been involved over that time. Ben has been involved with the Company in a public relations capacity since April last year. Their contribution to Kavango will be invaluable as we move forward with our exciting exploration projects in Botswana."


Ben Turney holds shares in the Company, directly and indirectly, as follows:



No. of shares held

No. of warrants held

Matthew Benjamin Turney 



2,187,500 1p warrants

1,454,545 4.25p warrants

Dynamic Investor Relations Limited* 



1,818,182 4.25p warrants*

Eridge Capital (UK) Limited** 



1,272,727 4.25p warrants**


There are no further details required to be disclosed pursuant to Listing Rule 9.6.13 in connection with either Mr Smith or Mr Turney's respective appointments.


For further information please contact:


Kavango Resources plc                                                                                     

Michael Foster



First Equity (Joint Broker)

+44 207 374 2212

Jason Robertson             


SI Capital Limited (Joint Broker)                                                                          

+44 1483 413500

Nick Emerson

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.

Quick facts: Kavango Resources PLC

Price: -

Market: LSE
Market Cap: -

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


Kavango Resources 'gearing up' after announcing Botswana joint venture with...

Kavango Resources PLC's (LON:KAV) Mike Moles speaks to Proactive London following the announcement of the Botswana strategic joint venture with Power Metal Resources. The venture will see the formation of a new, jointly owned, privately held company that is focussed on large-scale mineral...

on 22/9/20

4 min read