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Update on FSDEA US$15 million loan facility

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Further to the Angolan Sovereign Wealth Fund (FSDEA) advancing a US$15 million loan facility to the Company in August 2023 to enable the funding of capital expenditure, working capital and operating expenditure at the Longonjo project, the Company is pleased to report that discussions have been held regarding the extension of the loan facility to coincide with the anticipated finalisation of the main financing. The Company will make an announcement as soon as these arrangements are finalised.

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