Company Update

Ganajur Mining Lease (ML) Application — Writ of Mandamus filed by Deccan Exploration Services Private Limited (DESPL) —favourable disposal
by the Hon’ble High Court of Karnataka

Whilst we await a certified copy of the Court’s Order, based on feedback from our lawyers, we are pleased to intimate that at the hearing held yesterday (March 21, 2019), our Writ of Mandamus in the captioned matter above was expeditiously resolved in DESPL’s favour and disposed.

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