Shantel
Lifezone Holdings Limited (“Lifezone Metals” or the “Company”) has previously announced the entry into a Business Combination Agreement with GoGreen Investments Corporation (“GoGreen”) (NYSE: GOGN), a publicly traded company on the New York Stock Exchange (the “NYSE”). Today, Lifezone Metals is pleased to announce the appointment of Ingo Hofmaier as its Chief Financial Officer (“CFO”). Ingo is expected to commence his role with Lifezone Metals by 3 July 2023.
Ingo will play a key role in Lifezone Metals’ transition to a publicly listed company on the NYSE, leading the execution of Lifezone Metals’ financial and commercial strategy and securities law compliance. He brings vast corporate finance, financial and risk management experience in global commodity markets across a diverse range of geographies, including Africa and the Americas. As a market-facing finance executive, he has over 20 years of experience in financial reporting, tax, commercial contracts, project corporate finance, and M&A and investment banking.
Chris Showalter, Chief Executive Officer (“CEO”) of Lifezone Metals said, “We are thrilled to welcome Ingo to the Lifezone Metals’ executive team. I have had the privilege of working with Ingo in the metals sector and can attest first-hand that his global mining expertise will make him an invaluable fit for our fast-evolving operations and expanding portfolio.”
Ingo joins Lifezone Metals from Omico Mining Corp., a Namibian copper exploration and development company, where he was CEO. Prior to his time at Omico Mining Corp., he spent three years with SolGold plc, an LSE and TSX-listed copper and gold developer, where he was CFO. Ingo is also an independent board member of First Tin plc, an LSE main market-listed tin development company, where he chairs both the audit & risk and nominations & remuneration committees.
Ingo’s experience also includes time as a partner at Hannam & Partners in London, where he was responsible for metals & mining corporate finance, as well as at Rio Tinto, Capgemini and Wienerberger AG, a building material and industrial minerals group, where he was financial controller for the US business and commercial director during the successful project execution and market entry in India, among other roles. Ingo will be based in London, while travelling frequently to North America and Tanzania.
John Dowd, CEO of GoGreen, said, “Ingo will bring a fresh perspective and years of experience to the team. I look forward to seeing Ingo implement his finance and commercial strategy and provide the Company with a firm financial and risk management foundation to be able to deliver a strong value proposition to the Company’s shareholders.”
Ingo Hofmaier said, “The combination of GoGreen and Lifezone Metals combines the right value drivers: Kabanga is an outstanding asset with high nickel grades and copper and cobalt by-product credits, the foundation for any profitable commodity business, while hydrometallurgy is a future-facing base metals extraction technology. The New York Stock Exchange is a natural home for a company combining asset quality, technology and industry leading partnerships. In my work I will aim to demonstrate Lifezone Metals’ commitment to our investors, ensure that we provide reliable and relevant information to the market and generate a shareholder friendly funding and growth options, while actively managing downside risks that are inherent in any global critical metals business.”
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About Lifezone Metals
Lifezone Metals is a modern metals company creating value across the battery metals supply chain from resource to metals production and recycling. Our mission is to provide commercial access to proprietary technology and cleaner metals production through a scalable platform underpinned by our tailored hydromet technology. This technology has the potential to be a cleaner and lower cost alternative to smelting, allowing us to responsibly and cost-effectively provide cleaner metals.
By pairing Tanzania’s Kabanga nickel project (the “Kabanga Project”), which we believe is one of the largest and highest-grade undeveloped nickel sulphide deposits in the world, with our proprietary hydromet technology, we will work to unlock the value of a key new source of supply to global battery metals markets. We have a long-standing partnership with BHP on the Kabanga Project, with BHP having invested USD100 million over the last two years, as we aim to empower Tanzania to achieve full value creation in-country and become the next premier source of nickel.
Business Combination with GoGreen Investments Corporation
Lifezone Metals announced on December 13, 2022 a business combination agreement with GoGreen Investments Corporation (NYSE: GOGN). The business combination between Lifezone Metals and GoGreen Investments Corporation is subject to customary closing conditions.
About GoGreen Investments Corporation
GoGreen Investments Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. GoGreen is led by Chief Executive Officer John Dowd.
