April 26, 2018 / 6:06 AM / in 4 months

BRIEF-Weatherly International An Application Has Been Submitted For Approval By Namibian Competition Commission Of Company's Purchase Of 65% Of China Africa Resources Namibia Limited ("Carn"), And Applications Have Been Submitted For Renewal Of Two Berg Aukas Mining Licenses Which Expire In March 2019

Weatherly International PLC:

* AN APPLICATION HAS BEEN SUBMITTED FOR APPROVAL BY NAMIBIAN COMPETITION COMMISSION OF COMPANY’S PURCHASE OF 65% OF CHINA AFRICA RESOURCES NAMIBIA LIMITED (“CARN”), AND APPLICATIONS HAVE BEEN SUBMITTED FOR RENEWAL OF TWO BERG AUKAS MINING LICENSES WHICH EXPIRE IN MARCH 2019

* ORION HAS NOT GRANTED PERMISSION FOR COMPANY TO EXTEND BACKSTOP DATE (BEING 4 APRIL 2018) IN RESPECT OF ACQUISITION OF KITUMBA, BUT WILL ALLOW COMPANY TO SEEK ALTERNATIVE FUNDING TO PURSUE TRANSACTION Source text for Eikon: Further company coverage:

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