Ann: Board and Management Changes & Capital Raising, page-3

Mr Tremain most recently served as the Managing Director of Exore Resources Ltd (‘Exore’) where he was responsible for the acquisition of Exore’s exploration projects in northern Cote d’Ivoire. He subsequently oversaw the discovery and delineation of a 600,000 ounce JORC Mineral Resource at the Bagoe Project, within an 18 month period. Exore was taken over by Perseus Mining Ltd (ASXRU in September 2020.

Prior to Exore, Mr Tremain was the Managing Director of Renaissance Minerals Ltd (‘Renaissance’), which he founded and listed on the ASX. During his tenure at Renaissance he was responsible for the acquisition of the Okvau Gold Project in Cambodia

Prior to founding Renaissance, he had over 10 years’ investment banking experience in the natural resources sector.

About the MGP:The MGP consist of two contiguous permits covering ~647km2 of the highly prospective Senoufo greenstone belt of northern Côte d’Ivoire, in close proximity to some of the region’s largest mines. It is located 6km north of Barrick’s Tongon mine (~4.5Moz Au), ~27km SE of Terranga’s Wahgnion mine (~2.7Moz Au), 40km southeast of Perseus Mining Limited’s (ASX: PRU “Perseus”) Sissingué mine (~1Moz Au) and 45km southeast of Resolute Mining Limited’s (ASX: RSG) world-class Syama mine (11.5 Moz Au). Manas owns 100% of the recently granted Diellé permit and is earning a 70% interest in the Mbengué permit from Perseus.


This is very positive. MR Termain specialises in investment and take over acquisitions.. if he was to put us in a position where both RSG (Our largest shareholder) And PRU (One of our largest shareholders and also joint-venture partner) begin to take a take over interest and start bidding against each other this could get very exciting very quickly.

It is all starting to make sense.. I had always wondered why they seem to be progressing so slowly and had a feeling something was cooking in the background.

there has been a large amount of drilling throughout this main site and now with the RC drilling results a resource can be calculated.

Let the bidding begin!!

Where would a Conservative market Of $150 million (with a defined resource) put us???

6c