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Danakali appoints Andre Liebenberg to the board

Published: 20:07 01 Oct 2017 EDT

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Hartleys sees upside in the valuation of Danakali

Danakali Ltd (ASX:DNK) has appointed Andre Liebenberg to the board as a non-executive director.

Danakali holds a 50% interest in the Colluli Potash Project in Eritrea, which is the world’s shallowest potash deposit.

Liebenberg will be based in London, and brings extensive investor, market, finance, business development and leadership experience.

He has spent over 25 years in private equity, investment banking, and held senior roles within QKR Corporation and BHP Billiton (ASX:BHP).

Seamus Cornelius, chairman, commented: "We are pleased to have Andre join the board of Danakali as an independent non-executive director.

"His experience across multiple disciplines and jurisdictions will be very beneficial as we progress through the funding and development phases of the project and into production.

"This is another strong quality endorsement and supports our ongoing commitment to maximise shareholder returns through constant improvement in every area."

READ NOW: Danakali: Broker Hartleys values the stock at double current valuation

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