Kavango Resources plc’s co-founder and non-executive director Mike Moles will retire from the board effective from 31 August 2022.
He will continue as a consultant to the company until 28 February 2023.
Mr Moles and Hillary Gumbo founded the company which Companies House lists as F2D Minerals Ltd incorporated in 2017, before becoming Kavango in December of the same year.
In 2018, the co-founders floated Kavango on the London Stock Exchange.
Chairman David Smith said that Mr Moles had had a long and distinguished career in the mining industry and that Kavango had been lucky to benefit from his experience over many years.
“His influence on the company and its projects has been profound and will continue to be felt for some time.
“We are fortunate that we will continue to have access to Mike’s advice for a further six months, and we wish him well in his retirement.”