Asia Broadband Inc (AABB)

[TAZMANS]

In March of 2016, the Company acquired an artisan mine and the surrounding property consisting of 2,328 hectares, which are adjacent to the initial property acquisition. The historic mine and property has had underground and surface production processing, on a small scale basis, since 1953. The artisan mine property was originally purchased for $320,000 and, as of December 31, 2016, the Company capitalized $241,397 in exploration and development costs associated with the property.