Hi Kazaa!

I believe that the company was required to hold the AGM prior to the end of the year and David Bending has been traveling extensively in the last few weeks to put the deals together, so those were the factors that influenced the timing and location of the AGM this year. The company has made decisions to reduce overhead and administration expenses to preserve the working capital.

The flow through financing that was announced must be directed towards the Ontario projects and SMH has ongoing funding commitments and expenses in order to maintain the ownership options. Guyana remains the focus for building shareholder value and Marudi Mountain is the flagship project. The secondary financing that was completed will provide the funding to continue with work at Marudi, and our new JV partner will fund exploration work at Black Banana as part of their earn-in commitment.

I hope that answers your questions. I am limited in terms of what I can contribute on this forum and must restrict my comments to information that has been disclosed on the public record, so I cannot reply to a lot of the questions that may be posted here. But all investors are welcome to contact me by phone: 647-880-7335.

cheers and best wishes for the new year!

Mike Kachanovsky

IR Consultant