Kasbah Resources Limited announced the following board and management changes as part of its ongoing efforts to restructure the corporate office and related costs in the current market environment. Mr. John Gooding will retire as Independent Chairman with effect from 31 December 2019. Mr. Gooding has been Chairman since February 2017 and has led the company as it undertook the initial restructure of the board and management team and subsequent production of the 2018 Achmmach Tin Project Definitive Feasibility Study.

Mr. Gooding's leadership has been instrumental in achieving the key project development and financing milestones over the last two years. Mr. Evan Spencer, Chief Executive Officer, will step into the role of Executive Chairman following the retirement of Mr. Gooding. Mr. Spencer joined the company as Chief Operating Officer in May 2017 before becoming Chief Executive Officer in April 2019.

There is no change to Mr. Spencer's remuneration. Mr. Keith Pollocks will step down from the company effective from 13 December 2019. Mr. Pollocks joined the Company in July 2017 and played a pivotal role in advancing project funding, developing stakeholder relations and concluding various interim capital raisings.

Mr. Pollocks joined Kasbah with the mandate of financing the company's Achmmach Tin Project and developing the organizations finance function. Mr. Pradeep Subramaniam, currently Group Financial Controller, will replace Mr. Pollocks as Chief Financial Officer and Company Secretary.