Kodal Minerals, announced the appointment of Mr. Steven Zaninovich to the Board as Operations Director, effective from 1 August 2022. Mr. Zaninovich has been steering the development of the Company's Bougouni Lithium Project in southern Mali ("Bougouni") through his role as Project Manager since November 2018. Mr. Zaninovich brings to the Board more than 30 years of experience in the mining industry together with extensive knowledge of West Africa, having worked as Chief Operating Officer with Gryphon Minerals ("Gryphon") and Vice President of Major Projects at Teranga Gold Corporation, where he was also part of the Executive Management Team following its acquisition of Gryphon.

An engineer by trade, Mr. Zaninovich's career has encompassed all stages of the project development life cycle including feasibility, construction, operations and maintenance. In particular, his experience in the successful delivery and commissioning of a number of mining projects, including the Bald Hill Lithium Project in Western Australia, an active lithium mine, will be invaluable as Kodal continues to advance the Bougouni Lithium Project to development and construction. Mr. Zaninovichis a Member of the Australasian Institute of Mining and Metallurgy.

Following Mr. Zaninovich's appointment, the Board of Kodal will be composed of five members: Non-executive Chairman Robert Wooldridge, Chief Executive Officer Bernard Aylward, Operations Director Steve Zaninovich and Non-executive Directors Charles Joseland and Qingtao Zeng.