On 24 June 2019, the Company announced that it had executed a Share Sale Purchase Agreement
(“Agreement”) with Dathomir Mining Resources SARL to purchase 5% equity in Dathcom Mining for a
total consideration of US$5,500,000. Under the Agreement, the first tranche payment of US$500,000
was to be paid within 14 days of execution and the balance of the consideration was to be paid at any
time within 36 months from execution of the Agreement. The first tranche payment of US$500,000 was
paid in July 2019. The balance of US$5 million was paid in August 2021.
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