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KGL RESOURCES LIMITED Board/Management Information 2015

May 21, 2015

65179_rns_2015-05-21_7c088339-9d5d-4812-ac35-b4ae7371e005.pdf

Board/Management Information

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www.kglresources.com.au

22 May 2015

KGL Resources (ASX:KGL) announces the resignation of Mr Andrew Daley as Chairman and Director of the Company. Mr Daley, a director since 2005 and Chairman since 2013, has informed the board that he is resigning for personal reasons effective as of today.

Managing Director Simon Milroy, on behalf of the Board, thanked Mr Daley for his service and his dedication to the advancement of KGL Resources. “Andrew leaves the company in a strong position with the Jervois project continuing to grow and the company in a sound financial position. We all wish Andrew the very best for the future.”

Non‐executive director, Mr Chris Bain, will act as company Chairman until a decision is made on Mr Daley’s replacement.

For further information contact:

Mr Simon Milroy Managing Director Phone: (07) 3071 9003

About KGL Resources

KGL Resources Limited is an Australian mineral exploration company focussed on increasing the high grade Resource at the Jervois Copper‐Silver‐Gold Project in the Northern Territory and developing it into a multi‐metal mine.

KGL Resources Limited ACN 082 658 080 Level 7, 167 Eagle Street, Brisbane QLD 4000 Australia www.kglresources.com.au

Phone: (07) 3071 9003 Fax : (07) 3071 9008 Email: [email protected]