Kodal Minerals plc

Kodal Minerals plc is a United Kingdom-based West African focused lithium producer, mineral exploration and development company. The Company's flagship asset is the Bougouni Lithium Project in Southern Mali, developed in partnership with Hainan Mining Co. Ltd. Bougouni is operated by Les Mines de Lithium de Bougouni SA (LMLB), owned 65% by Kodal Mining UK Limited (KMUK) and 35% by the Malian State. The Company holds a 49% interest in KMUK, giving it an approximate 32% ultimate economic interest in Bougouni. The Bougouni Lithium Project covers an area of approximately 350 square kilometers (sq km) in the Birimian terrain of West Africa. In Ghana, it holds an agreement to acquire up to an 80 percent interest in the Asamankese Lithium Project, a 156 sq km prospective lithium exploration asset located in the Eastern Region. The Company also holds a portfolio of prospective gold exploration assets in Mali and Cote d'Ivoire. The Company's Fatou Gold Project is located in Mali.