Iofina announced the resignation of Neil Hekking as Executive Director and Chief Financial Officer (CFO) with immediate effect. Neil's resignation is due to family health and relocation issues and the Board extends its very best wishes. Mr. Malcolm Lewin, who has worked with Iofina on previous finance-related and AIM projects and is based out of the UK, has been appointed as Interim CFO and a non-Board position, to ensure continuity.

The Board expects to provide a further update regarding an on-going Board appointment in due course. Malcolm joins with over 30 years' experience in finance and accounting at both public and private companies.