Project Finance due end of Oct25 Oct 2019 10:17
· During September 2019, following meetings in Perth and in Addis Ababa with the Company's partners in Tulu Kapi Gold Mines Share Company ("TKGM"), with the senior regulatory bodies and with the principal project contractors, all parties resolved to proceed with triggering the development of the Project in October 2019.
· TKGM's finance plan remains for full Project funding to be provided at the TKGM level.
· The Project plan remains subject to compliance with all participants compliance and governance processes.
· The Project plan is for TKGM to trigger its development schedule with Project equity funding in October 2019, full finance closing in March 2020 and full production in October 2021.