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Alias Born 07/11/2014

Re: None

Friday, 08/15/2014 8:33:40 AM

Friday, August 15, 2014 8:33:40 AM

Post# of 63744
It looks BAA is in good shape now
"Based on the revenues expected to be generated from the Company’s Twangiza mine, together with the Company’s
renegotiation of bank loan repayment terms and cash on hand, the Company expects to have access to sufficient funds to
carry out its proposed 2014 operating and capital budgets for the Twangiza mine and for corporate overhead. The Company
has been evaluating options for the optimization of the Namoya gold plant and assessing the financial requirements to carry
out the modifications required at Namoya. As disclosed in the July 30, 2014 press release, the Company has engaged CIBC
World Markets Inc., as well as Mining Research Group, an affiliate of HanOcci Capital Partners Inc., to assist and advise the
Company in this review. If at any time during the year it becomes apparent that there may be a strain on the Company’s cash
flows, the Company may elect to defer non-essential capital expenditures to a future year."
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