Ann: Minim Martap Project Update, page-6

well done to the Cameroon Government and to Canyon for sorting this out swiftly.


“We are delighted that the granting of the extensions of the Makan and Ngaoundal exploration
permits removes the uncertainty created by the actions of Sonamines and CREC 5. We would like to
publicly acknowledge the swift action of the Minister in addressing the issue, it gives investors great
confidence that the State of Cameroon acts swiftly and in the manner which ensures its laws are
respected.”

“We are also pleased to have recently received the signatures of over 15 relevant Ministries in
Cameroon approving the terms of the negotiated Mining Convention for the Minim Martap Permit
and we look forward to executing the Mining Convention with the State of Cameroon in the near
future.”

won't be long people, CAY will get that long awaited MC