RANDGOLD & EXPLORATION COMPANY LIMITED - Changes To The Board And The Audit And Risk Committee

Changes To The Board And The Audit And Risk Committee

RANDGOLD & EXPLORATION COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1992/005642/06)
Share Code: RNG
ISIN: ZAE000008819
(“the Company”)

CHANGES TO THE BOARD AND THE AUDIT AND RISK COMMITTEE

In accordance with paragraph 3.59(a) of the JSE Limited Listings Requirements, the board
of directors of the Company (“the Board”) wishes to advise shareholders of the following
changes to the Board and the audit and risk committee (“Audit Committee”) with effect from
15 June 2021:

Board

Mr Roderick John Fehrsen (“Mr Fehrsen”) has been appointed as an independent
non-executive director of the Company.

Mr Joel Martin Kesler (“Mr Kesler”) has been appointed as a non-executive director of the
Company.

Audit Committee

Mr Fehrsen has been appointed as a member of the Audit Committee.

Mr Fehrsen, a qualified Accountant, has a long career in business and today acts as chairman
on several boards. He served in various positions in the Anglovaal Industries Group of
Companies. He also served for about 13 years as CEO of Plate Glass and Shatterprufe
Industries’ South African glass interests. Mr Fehrsen was also part of the listing of a
multi-faceted marketing services group, Billboard Holdings, and further spent some time as
a private entrepreneur. He joined Ethos Technology Fund in 2002 as a partner, where he
spent about 6 years. He currently chairs the SPARK Schools board and also serves on the
advisory board of Medu Capital.

Mr Kesler is a qualified Attorney, with degrees in Commerce and Law (Cum Laude) from the
University of Cape Town. He has 25 years of experience in global merger and acquisitions,
advisory, corporate finance and business development. From 2004 onwards, he has held a
senior international executive board position with Atlatsa Resources Corporation, a public
company previously listed on the NYSE (AMEX), TSX and JSE. He is a co-founder and
principal of the Tomahawk Group, a multi-family office that holds a diversified private equity
portfolio, including direct investments in mining and metals, oil and gas, industrials,
technology, as well as speciality consumer products.
The Board welcomes Messrs Fehrsen and Kesler and looks forward to their contribution to
the Company.

Johannesburg
15 June 2021

Sponsor
PSG Capital

Date: 15-06-2021 02:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.