Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Reply from Bruce just in

I've got the same answer....

Hi Eddy,

Thank you for your inquiry about the reduction of the paid up capital account. The actual reduction of capital is an accounting exercise and no money changes hands. A purpose of this reduction is to facilitate the proposed delivery of Debuts common shares to KWG shareholders.

Regards,

Bruce Hodgman

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