Katoro Gold plc announced Louis Coetzee, current Executive Chairman will step down from the Board, and from employment with the Company, with effect from the appointment of two new directors, following appropriate market (including AIM) due diligence. Mr. Coetzee will remain as a consultant to the Company after his resignation to assist with transitional administration, including project management, financial accounting and audit matters, for the period ending 31 July 2024. It is expected that the two new directors will assume the roles of Non-executive Chair and Chief Executive Officer.

Further information in this regard to follow in due course. Louis Scheepers and Lukas Marthinus (Tinus) Maree have agreed to continue to serve as Non-executive Directors with the Company for a minimum of 6 months.