Kogi Iron Limited announced the creation of the Remuneration & Nomination Committee and the appointment of Non-Executive Director Peter Huljich to the role of Chairman of this Committee of the Board. The creation of the new Committee is consistent with the Company's objective of continually improving its Corporate Governance standards. As a recently elected independent director, Mr. Huljich provides appropriate objective oversight. Don Carroll has been appointed as a member of this Committee. In addition, David Turvey, a recently elected independent Non-Executive Director with extensive iron and steel industry experience, has been nominated for election to the KCM Mining Limited ("KCM") board.