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MACRO METALS LIMITED Board/Management Information 2018

Jul 5, 2018

65283_rns_2018-07-05_fb0c4b6d-59d8-4bc5-ba9e-80ae97066eca.pdf

Board/Management Information

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6 July 2018

RESIGNATION OF DIRECTOR

Kogi Iron Limited (ASX: KFE, “Kogi”, “the Company”) advises that its Executive Director, Mr Kevin Joseph has advised the Company of his decision to resign from the board of directors of the Company and its Nigerian subsidiary.

Kogi will immediately commence the process of identifying a suitable replacement to oversee the Company’s Nigerian operations.

Ian Burston – Non Executive Chairman of Kogi commented “Mr Joseph has been a loyal and valuable executive director for an extended period of time and can take credit for a lot of the advancements made on the Agbaja Cast Steel Project over the past decade. On behalf of the Board and the Company, I wish him well for the future. I am also looking forward to traveling to Nigeria in the coming weeks to meet with the various officials and key stakeholders in the Agbaja Cast Steel Project.”

Ends

For more information, please contact:

Kogi Iron Limited Tel (office): +61 8 9200 3456 Email: [email protected]

KFE Capital Summary Ordinary Shares: 651,343,370 Share price: $0.165 Market capitalisation: $107m

Board of Directors Dr Ian Burston – Non Executive Chairman Mr Martin Wood – Chief Executive Officer Mr Don Carroll – Non Executive Director Mr Michael Tilley – Non Executive Director

Contact

Unit 23, 4 Ventnor Avenue, West Perth WA 6005 Tel : +61 8 9200 3456 Email: [email protected] W: www.kogiiron.com