Katanga Mining Limited announced that Peter Freyberg has resigned from his position as a director of the Company. The Board has subsequently appointed Hilmar Rode as a director, effective November 7, 2019. The KCC board of directors also appointed on October 29, 2019, Mark Davis as Managing Director of KCC, replacing Samuel Rasmussen, as well as Clint Donkin as Operations Director of KCC, replacing Michael Fleming.

The Company further announced that Jeff Gerard intends to resign as Chief Executive Officer and director of the Company, effective following the filing of the final prospectus related to the Rights Offering. Mark Davis, already appointed as Managing Director of KCC, will be appointed CEO of the Company pursuant to the Management Agreement and as a director of the company, effective following the filing of the final prospectus related to the Rights Offering. The executive services of Mr. Davis will be provided to the Company by GIAG pursuant to the Management Agreement.