EV1
HIGHLIGHTS
- Agreements confirm the Tanzanian Government’s 16% non-dilutable free carried interest shareholding and commitment to jointly develop Chilalo
- A new joint venture company, Kudu Graphite Limited (Kudu), has been incorporated and will be owned by 84% Evolution (indirectly) and 16% Tanzanian Government
- The Agreements provide for a reissued 10-year term to the Mining Licence
- A public signing ceremony before the President of Tanzania, Her Excellency Samia Suluhu Hassan expected to be held in March 2023
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