Update on Company Operations
We write to present the following update on Company operations:
- Acquisition of 8 gold prospects in Tanzania — Entering into a Term Sheet & formation of a
subsidiary company — plans to invest for exploration / development post completion of
acquisition - Ganajur ML application — efforts on to resolve in the normal course — meetings held
Minister of Mines, Karnataka & new Secretary, C & I – in the process of setting up follow
up meeting with Secretary, C & I
