Ann: Axiom granted rights to world class Isabel Nickel Project, page-60

Approval of two Prospecting Licence Applications over the Isabel Nickel Project – ‘Kolosori’ and ‘Tenement D’ The Minerals Board approved two PLAs of Axiom’s, covering a total area of 181km2 . One application was for 36km2 over an area called Kolosori, formerly held and developed by Axiom. Subsequent to the approval of this application by the Minerals Board, the Minister for Mines issued an LOI to Axiom KB Limited. This LOI provides Axiom KB Limited with exclusive rights to negotiate and obtain agreements from the landowners of these areas.