Running discussion on SP, page-77307

HYVEST the joint venture between the Chinese of HEMIC, the COMINIERE and a Congolese, which would hold PE12436 in Manono!

Hong Kong Yisen Investment Congo (HYVEST) is a joint venture created on July 20, 2018 which has its headquarters at No. 119, Boulevard Colonel Tshatshi, Commune de la Gombe, Ville- Province de Kinshasa, in the Democratic Republic of Congo.

With a share capital of 10,000,000 FC, HYVEST is composed of partners, whose shares in the JV are the following Exellen Mining Investment Congo SARL (HEMIC): 60% (6,000,000 FC) COMINIERE : 30% (3.000.000 FC) Guy Loando Mboyo: 10% (1,000,000 FC), Minister of State, Minister of Land Management of the Congo.

Exellen Mining Investment Congo SARL is a company under Chinese law whose headquarters are in Hong Kong, China, but which also has an office in Kinshasa. Hong Kong Yisen Investment Congo is in reality only a subsidiary of the Chinese group Exellen Mining Investment Congo SARL (HEMIC);

"Hong Kong Yisen Investment Congo, has as objective at its creation in the Democratic Republic of Congo that abroad, either by itself, or through third parties, individuals or legal entities, either jointly, or in participation or in any other form, all activities relating directly or indirectly to studies of geology, mining engineering to mining research and exploitation of mineral substances.

The new joint venture, Hong Kong Yisen Investment Congo, has just been set up and is now the owner of the research permit N°12436 in Manono in Tanganyika, an area that is currently in the news for its lithium. But strangely enough, on the website of the Congolese state-owned company, COMINIERE, this exploration permit will still belong to DATHCOM Mining sas in 2023, a joint venture made up of the Australians AVZ Mining, DATHOMIR, COMINIERE and MMCS.

When and how much did DATHCOM sell this research permit to Hong Kong Yisen Investment Congo?

On March 20, 2019, Hong Kong Yisen Investment Congo sells or transfers PR12436 to Exellen Mining Investment Congo SARL, as shown in the document below.

On December 31, 2020, following an order of the Ministry of Mines of 05/11/2020, only a few days later, the PR12436 now owned by Exellen Mining Investment Congo SARL was transformed into an Exploitation Permit N°12436, issued by CAMI (Mining Cadastre) and signed by the General Manager, Jean-Félix Mupande Kapwa.

A civil society report talks about the links between Guy Loando Mboyo and the Chinese Simon Cong, owner of DATHOMIR, Congo River Hotel and the two companies linked to the EP12436 :

"In addition to the reports of the companies HONG KONG YISEN and HONG KONG EXCELLEN MINING INVESTMENT CONGO SARL, there are parts of the reports of THE BOATMAN CAPITAL RESEARCH, GLOBAL WITNESS of December 2021 and THE SENTRY of November 2021 on DATHOMIR MINING RESOURCES, whose headliner is the Chinese Simon CONG MAO HUAI. Mr. Guy LOANDO, current Minister of Land Management, has direct or indirect interests with Chinese, to be identified by our security services (including the ANR, which does a good job against predators), in these three companies. Our organizations believe that he is in conflict of interest, he has irregularly benefited from the mining assets of COMINIERE, the transfer of which is denounced as illegal in the IGF Report which depends on your authority. Having direct or indirect interests through his family in these three illustrative companies and others in the mining sector having received mining assets from the State in an illegal manner according to the IGF and reports from NGOs.

Today, given the value of lithium ; What would be the value of this mining square of PE12436? What is the project on this perimeter? What has been invested so far and what has been done? What does the DR Congo gain? What are the results of the feasibility study, is there any lithium in this mining square, the quantity and its content?

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