MACRO METALS LIMITED — Board/Management Information 2016

Jul 7, 2016

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8 July 2016

KOGI IRON LIMITED

APPOINTMENT OF NEW NON-EXECUTIVE DIRECTOR

Kogi Iron Limited (ASX: KFE, “Kogi”, “the Company”) is pleased to announce the appointment of Michael Tilley as a Non-Executive Director

Mr Tilley is the Chairman and founder of Melbourne-based corporate advisory firm Terrain Capital.

He brings to Kogi a long career in advising a wide range of listed companies on all facets of corporate finance. He is also Chairman of ASX-listed Elysium Resources Limited.

Kogi Chairman Ian Burston said the appointment of Mr Tilley to the Board was part of Kogi’s move to expand internal capability as it moves to the next stage of developing the Agbaja iron ore and steel project in Nigeria.

“This next six months will be a period of intensive activity for Kogi, with important negotiations ahead with financiers, engineering groups, construction groups and regulators,” said Mr Burston.

“Michael brings great skill and experience in capital markets and we look forward to his contribution.”

Mr Burston said further appointments would be made in the near future.

ENDS

Telephone: +61 8 9200 3456 Facsimile: +61 8 9200 3455 Website: www.kogiiron.com

Kogi Iron Limited ABN 28 001 894 033 KCM Mining Limited (Nigerian Subsidiary)

PO Box 1934 West Perth Western Australia 6872 Australia

Unit 23, 4 Ventnor Avenue West Perth Western Australia 6005 Australia