Cora Gold Limited announced the appointment of Robert ('Bert') Monro as its Chief Executive Officer ('CEO') and a Board Director with immediate effect. As announced on 10 October 2019, Mr. Monro replaces Dr. Jonathan ('Jon') Forster, who has stepped down from his post as CEO and a Director of the Company to reduce his workload after a 40 year career in the minerals industry. Dr. Forster remains Head of Exploration at Cora and will continue to manage the Company's technical activities.

Mr. Monro has significant experience in both the resource sector and the City. Most notably, he spent over ten years at Hummingbird Resources plc, holding several roles including Operations Manager, Country Manager and Head of Business Development as the company transitioned from a private pre-resource explorer through to a listed gold miner with over 6Mozs of gold resources in West Africa. During this time, Hummingbird raised over US$100m of equity from institutional investors as well as over USD 100 million of debt and royalties to advance the Dugbe gold project in Liberia and build the now producing Yanfolila gold mine in Mali.

Hummingbird remains the largest shareholder of Cora, currently with a shareholding of 18.0%. Mr. Monro has been closely involved with Cora since 2017 when the Company successfully completed its IPO, first as one of two nominees of Hummingbird appointed to the Board (resigned 01 July 2019), and later as Business Development Manager, working with the Board to progress its strategy of gold exploration in Mali alongside the advancement of the Sanankoro Gold Project.