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Ann: EPC Engagement Moves to Final Stages of Due Dilgence, page-2

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    POTENTIAL EPC CONTRACTOR ENGAGEMENT MOVES TO FINAL STAGES OF DUE DILIGENCE NEGOTIATIONS UNDERWAY WITH TWO MAJOR CONSTRUCTION COMPANIES HIGHLIGHTS

     Sinosteel and MCC progress to the final stages of due diligence with site visits anticipated in January 2018  Both parties have significant EPC experience in natural resources construction
     Contract will encompass Engineering, Procurement and Construction (EPC) services for construction of the Ancuabe Graphite Project
     Anticipated that contract will be accompanied by debt financing arrangements
 
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