Appointment of CEO

Kingsgate Consolidated Limited (ASX: KCN) is pleased to announce the appointment of Mr Greg Foulis as Chief Executive Officer (CEO) effective 1 June 2015. Mr Foulis is a geologist by training and a Mining and Finance specialist with 30 years of diverse international experience in mining and financial markets. Senior roles with multi-nationals such as AngloGold and Deutsche Bank have honed management, investment and leadership skills.

Mr Foulis is presently working in investment banking and advisory, with a focus on the mining sector. Prior to this he was Senior Vice President – Business Development at AngloGold Ashanti Ltd, with a global scope to identify and deliver opportunities for growth and improvement. Before AngloGold, Mr Foulis spent seventeen years in Finance, engaged in resource sector related roles including eleven years with Deutsche Bank. Mr Foulis has a Bachelors Degree in Applied Science (Geology) from NSW Institute of Technology and a Masters Degree in Finance from the University of NSW.

Kingsgate Chairman, Ross Smyth-Kirk welcomed the appointment and said, “we are pleased that Greg will bring to the role a broad range of essential skills and strategic perspectives to help maximise the value of Kingsgate’s projects and people. Greg has a clear understanding of the growth and value drivers of our business.”

Mr Foulis said, “I look forward to leading the Kingsgate team through the mining sector challenges, capitalising on opportunities and continuing to build a strong and diverse precious metals company”

A summary of the material terms of Greg Foulis’s employment contract are included in Appendix 1.

Ross Smyth-Kirk
Executive Chairman
Kingsgate Consolidated Limited

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