"Since the execution of the share sale agreement and approval of the transaction by shareholders, the Group has subsequently satisfied the majority of the conditions precedent under the share sale agreement as follows:
• Eritrean National Mining Corporation (ENAMCO)’s formal approval the transaction,
• Ministry of Energy and Mining’s extension of the Mining Licenses as required by SRBG
• SRBG Board approval of the transaction
• Chinese government approval of the transaction"
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- Ann: 2022 Annual Financial Report
Ann: 2022 Annual Financial Report, page-2
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