Ann: Update on Suspension of Securities, page-2

"The Company did not apply for a lifting of its trading suspension at that time because the Board believed a resumption of trading would not be in the best interests of shareholders until the Company was able to articulate or undertake the remedial action necessary to rectify the most serious matters. That work is ongoing and is being conducted as a matter of urgency. Based on its current understanding, Birimian believes that it will take six to eight weeks to resolve these outstanding commercial and regulatory matters. This remedial work is not adversely impacting the Company’s technical work program in Mali, which remains on track and on schedule."