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Kogi Iron Ltd appoints David Turvey and Peter Huljich as non-executive directors

The company is hoping to soon reach targeted funding agreements with various parties for its Agbaja Cast Steel Project in Nigeria.

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Kogi’s board is grateful for the contribution made by outgoing director Michael Tilley since he joined the board in 2016

Kogi Iron Ltd (ASX:KFE) has appointed David Turvey and Peter Huljich to its board as non-executive directors, with director Michael Tilley having tendered his resignation.

Skills and experience added to Kogi’s board by the new appointments include: significant iron ore and steel industry experience; extensive dealings in African jurisdictions; and strong commercial, legal and regulatory experience.

READ: Kogi Iron negotiates funding proposals to advance Nigerian cast steel project DFS

Kogi Iron chairman Don Carroll said the company was delighted that high-calibre people like Turvey and Huljich had decided to join Kogi’s board as independent directors.

Carroll said: “Not only do they strengthen the board with their highly relevant skills and experience, but their appointment says a lot about the Agbaja Project, the work done to date and the opportunity ahead for the company.”

Turvey is a senior resources executive with extensive experience in the iron ore and steel industry, having worked on the Nimba-Simandou Iron Ore Project in Guinea, the Savage River magnetite operations in Tasmania and as FerrAus’ managing director.

Huljich is an experienced legal and commercial advisor who has worked in the mining, banking and finance sectors since 1993, with particular expertise in capital markets.

He has extensive experience working within the mining, oil and gas and infrastructure sectors in Africa, having resided in Kenya since 2010 until his return to Perth in 2017.

READ: Kogi Iron movies to the next phase of Agbaja Cast Steel Project DFS

Turvey said he was delighted to join Kogi’s board as the company sought to further develop its Agbaja Project.

Hujlich added: “To be involved in the realisation of the Nigerian-based Agbaja Project, and in particular its financing, is an exceptional opportunity that will allow me to bring to the company my extensive African experience.”

Quick facts: Kogi Iron Ltd

Price: 0.046 AUD

ASX:KFE
Market: ASX
Market Cap: $30.51 m
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