IRONVELD PLC — Board/Management Information 2020

Nov 30, 2020

National Storage Mechanism | Additional information

RNS Number : 9444G

Ironveld PLC

30 November 2020

Ironveld Plc

("Ironveld" or the "Company")

Board Change

Ironveld announces that, following a review of the Company's ongoing operating overheads, its Chief Financial Officer, Vred von Ketelhodt, has stepped down from a full time role at the Company and as a Director.  He has agreed to provide consultancy services as required until the end of 2021, with the existing Finance function taking on all operational responsibilities.

For further information, please contact:

Ironveld plc Giles Clarke, Chairman Martin Eales, Chief Executive Officer		c/o Blytheweigh +44 20 7138 3204
finnCap (Nomad and Broker) Christopher Raggett / Charlie Beeson		+44 20 7220 0500
Turner Pope (Joint Broker) Andrew Thacker		+44 20 3657 0050
Blytheweigh Tim Blythe / Megan Ray		+44 20 7138 3204

NOTES TO EDITORS

Ironveld (IRON.LN) is the owner of Mining Rights over approximately 28 kilometres of outcropping Bushveld magnetite with a SAMREC compliant ore resource of some 56 million tons of ore grading 1,12% V2O5, 68,6% Fe2O3 and 14,7% TiO2.

The Definitive Feasibility Study published in April 2014 confirms the project's viability to deliver a Vanadium slag product for which the company has an offtake agreement as well a High Purity Iron product which commands a premium in the market place and Titanium slag containing commercial grades of titanium.

Ironveld is an AIM traded company. For further information on Ironveld please refer to www.ironveld.com.

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