Kogi Iron Limited announced the changes to the composition of the board of directors. Effective immediately, Mr. Greg Boulton AM has been appointed as Chairman of the board of directors. This is following the decision made by Don Carroll that with a restructured board now comprised of directors with the necessary experience to develop the Company's Agbaja Project it is appropriate to step down from the role of Chairman to that of a Non-Executive Director so that he has sufficient time to manage his other work and personal interests. Mr. Carroll remains fully committed to the Kogi board and its progress and is fully supportive of the appointment of Mr. Boulton as the new Chairman, and ensures the revitalized board continues to have the continuity of knowledge that Mr. Carroll offers. Mr. Boulton brings a wealth of relevant experience to the role of Chairman due to his Chairing experiences and his strong governance background will ensure the board provides a high level of stewardship and guidance as the Company continues to advance the prospective Agbaja Cast Steel Project.