zimbabwe investment authority licence

RECEIPT OF ZIMBABWE INVESTMENT AUTHORITY LICENCE TO ACQUIRE A 70%

EQUITY INTEREST IN AFRICAN CHROME FIELDS (PVT) LIMITED


* TPL has received Zimbabwe Investment Authority approval to own a 70% interest in African
Chrome Fields (Pvt) Ltd.

* African Chrome Fields owns a number of high-grade eluvial chrome deposits and a processing
plant located along the Great Dyke, Zimbabwe.

* TPL intends to restart African Chrome Fields’ first chrome mine and processing plant within
the first quarter of 2014.

* Scoping Study to build a very high-grade ferrochrome smelter continues.

I'd be interested in hearing others opinion of this, but it doesn't look too bad to me upon first reading, and no talk, at this stage at least, of any further capital raising. Perhaps that's what the shareholder meeting is for?