Louis Coetzee, BA, MBA, Age 56

Chief Executive Officer

Louis Coetzee has 27 years’ experience in business development, promotion and financing in both the public and private sector. In recent years he has concentrated on the exploration and mining area where he has founded, promoted and developed a number of junior mineral exploration companies based mainly on Tanzanian assets. Louis has tertiary qualifications in law and languages, project management, supply chain management and a MBA from Bond University (Australia) specializing in entrepreneurship and business planning and strategy. He has worked in various project management and business development roles mostly in the mining industry throughout his career. Between 2007 and 2009, Louis held the position of Vice-President, Business Development with Canadian listed Great Basin Gold (TSX: CBG).

Louis Scheepers, Age 63

Chief Operating Officer

Louis is an experienced project manager with more than twenty years’ experience of practical project development and execution in the mining and extractive industry. He has gained valuable experience in mineral exploration, feasibility studies and greenfields mining projects, spending much time in South, Central and East Africa, as well as the Middle East. Prior to teaming with the AIM traded Kibo Energy PLC as Chief Operations Officer, he held the position of CEO, Mzuri Exploration Services Ltd (“MXS”), as well as the Executive responsible for Project Development at the TSX, NYSE and JSE listed Great Basin Gold Ltd after completing a stint as Mining Consultant.

Pieter Krügel, BCompt (Hons) Accounting Science, ACA, CA (SA), Age 35

Chief Financial Officer

Pieter is a qualified Chartered Accountant and has held senior financial, managerial and executive level posts for over 15 years in various companies internationally. He has significant experience working within the UK, Ireland, Cyprus, and various African countries with specific reference to the Energy and Resources industries. Further to this, he has extensive transactional experience, including fund raisings, corporate restructuring, financial controls and planning, economic analysis, IFRS reporting, and strategic planning. Pieter is a member of the Institute of Chartered Accountants in England and Wales (ICAEW) and the South African Institute of Chartered Accountants (SAICA), and also hold a BCom degree in Accounting and a BCompt Honours degree in Accounting Science.

Chris Schutte B(Eng) Mech, MBL, Age 59

Capital Projects’ Director (Executive)

Chris has more than 30 years’ experience in the Energy Sector in Southern Africa. This includes 27 years working for Eskom (Electricity Utility in South Africa) in various positions including Power Station Manager and Senior General Manager. He also worked for Tongaat Hulet as Energy Consultant developing a bagasse fired power station. In 2012 he joined an Energy Development Company that works in Mozambique and is Aim listed. He was appointed as non-executive director and later as Executive Director for a period of 5 years. Chris has extensive experience in power station development, construction and management. He also understands the Southern African energy environment and has extensive of experience in EPC processes and negotiations.