Zanaga Iron Ore Company announced the following proposed changes to the Board of Directors of the Company: Mr. Jonathan Andrew Velloza has agreed to join the board of ZIOC as an Independent Non-Executive Director following the Company's Annual General Meeting on 5 September 2018. Mr. Velloza has a wealth of experience in the mining industry and is currently completing his tenure as Deputy CEO and COO of Gem Diamonds Ltd. Prior to this he was with BHP Western Australia Iron Ore where he was General Manager at Mining Area C. He has also acted as a Senior Exploration Manager in Zambia and Chile for BHP from 2011-2013, Operations Manager at AngloGold Ashanti from 2009-2010 and held numerous managerial positions at De Beers from 2001-2009. In addition, Mr. Michael Haworth has informed the company that he wishes to step down as a Director to focus on other business commitments and accordingly will retire by rotation at this Annual General Meeting and will not stand for re-election.