KGL Resources Limited announced the retirement of the Company's Executive Chairman Denis Wood effective from 30 August 2021. Mr. Wood joined the Board in July 2015 and has served as Chairman since November 2015. KGL engaged Mr. Finnis last month as Chief Executive Officer and he will join the Board as Managing Director effective as of 4 August 2021. Mr. Finnis' remuneration remains unchanged. Mr. Peter Hay will assume the role of acting chair upon Mr. Wood's departure.