Ann: USD4.65 million Litigation Funding Secured, page-3

I love this comment from BB....

Indiana’s Executive Chairman Bronwyn Barnes said: “With funding through one of the world’s most reputable litigation finance companies now in place to support our claim for compensation for the illegal activities of the Government of Tanzania in expropriating the asset, and the expiry of the six-month notice period during which the Government failed to meaningfully respond to our correspondence notifying them of a dispute, we will now move to lodge our Request for Arbitration.

I remain very disappointed that we have received no meaningful response from the Government of Tanzania to our correspondence on this important issue. The lack of response reflects the disdain that has been shown toward international mining investors since 2017 when the first changes to the Mining Code were made without consultation. The following expropriation of the Ntaka Hill Nickel Project in 2019 showed further contempt towards international investors and as such we are prepared to take decisive action.”