MZI Resources Ltd. announced the appointment of Mr. Rod Baxter as Chairman of MZI to succeed long-serving Director Mr. Mal Randall. Mr. Randall, who has been a Director of the company since 2006 and Chairman for much of that period, has stepped down from the role of Chairman as part of the company’s board succession planning in preparation for MZI’s next major stage of growth, following the successful construction and commissioning of the Keysbrook Mineral Sands Project. Mr. Randall will remain a Non-Executive Director until the Company’s Annual General Meeting in November, at which point he will retire from the Board. In accordance with the succession plan and to ensure that the company has access to his experience, Mr. Randall will be retained as a consultant to the Company for a further 12 months as the Company looks to build on the successful establishment of Keysbrook as a globally significant low cost producer of premium mineral sands products. Mr. Baxter has over 25 years’ experience in the global resources and engineering services sectors, including a number of years in mineral sands. He has previously served in executive roles at Calibre Group, Consolidated Minerals (ConsMin), Anglo Platinum and Richards Bay Minerals, and as a Non- Executive Director of Murchison Metals, Jabiru Resources and Titan Resources. Mr. Baxter will be employed as Chairman on terms matching those of Mr. Randall.