Joint Venture with Linden Gold Alliance - Devon Gold Project

CORPORATE SUMMARY HIGHLIGHTS Executive Chairman • A non-binding indicative term sheet has been executed with Paul Poli Linden Gold Alliance Limited (“Linden”) for a development and profit sharing joint venture for the Devon Pit Directors • Matsa will receive an upfront prepayment of $4M cash from Frank Sibbel Linden for its 50% profit share in the Devon Pit and Matsa will be Pascal Blampain free c