A South American secondary dual listing is also being considered based on the criteria of access to precious metal markets and finance.

We see the strategic value in seeking a primary listing in the UK due to the fact that there is a greater concentration of global mining companies and opportunities to access capital through global mining finance specialists in contrast to the Frankfurt Stock Exchange, which is not slanted towards the mining sector.

Forward Looking Statements

This press release contains “forward-looking information. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “planned”, “expects”, and “seeking”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.