Kinetiko Energy Ltd (ASX: KKO) (Kinetiko or the Company) is pleased to announce the appointment of Mr Mxolisi Mgojo as a Non-Executive Director (NED), effective 3 October 2025.
Mr Mgojo is a distinguished mining and energy executive with more than four decades of demonstrated achievements across South African industry, including serving as Chief Executive Officer (CEO) of Exxaro Resources Limited.
This strategic appointment comes at a pivotal moment in the Company’s journey to providing a significant energy solution for South Africa.
Kinetiko Executive Chairman Adam Sierakowski commented: "We warmly welcome Mxolisi to the board.
To have someone of his expertise and calibre, including his extensive experience dealing with South African government institutions and regulators, and a strong track record attracting domestic capital, brings highly complementary skills to Kinetiko’s board as the Company accelerates its development vision to become a strategic onshore gas producer in the next few years.”
Mxolisi Mgojo commented: “I am honoured to join the Board of Kinetiko Energy as it plays a pivotal role in shaping South Africa’s on shore gas future.
Drawing on my experience in the mining and energy sectors, I look forward to supporting the Company’s strategic growth and contribution to the country’s energy security.”
Read ASX Announcement here: STRATEGIC BOARD APPOINTMENT
Find out more about Kinetiko Energy: Kinetiko Energy
About us:
Kinetiko Energy is a gas exploration company with a focus on advanced onshore shallow conventional gas opportunities in South Africa.
Kinetiko's tenements are located in South Africa's primary power-producing region, near aging coal-fired power stations and infrastructure. As South Africa shifts towards modern power solutions, the gas from Kinetiko's deposits is expected to provide base load power and act as backup to renewables as part of the country's long-term energy future.
The Company has achieved maiden gas reserves with positive economics and has 6 trillion cubic feet (Tcf) of 2C contingent resources (alternatively described as having 2.8 Tcf of 1C contingent resources),1 establishing a substantial world-class onshore gas project.
Kinetiko’s vision is to commercialise an energy solution for South Africa.
Contact details:
Adam Sierakowski
Executive Chairman
08 6211 5099
[email protected]
Mark Flynn
Investor Relations
+61 416 068 733
[email protected]
