23 March 2022 – SENS Announcement Withdrawal of Cautionary Announcement
23rd March 2022

Shareholders (“Shareholders”) are referred to the cautionary announcement published on SENS on 28 December 2021 in terms whereof Trustco advised Shareholders that it and it’s Sierra Leonean partner Germinate, received a written offer from a first tier global diamond producer.

The offer was for USD 150 million as a debt facility to scale production at the Meya Mining Operations (“the Debt Component”) to 1 million carats per annum. The offer included a proposed equity transaction to acquire a 55% stake in Meya Mining at a nominal price subject to conditions to be negotiated (“the Equity Component”) (the Debt Component and Equity Component collectively the “Transaction”).





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