The Mineral Company LTD (f/k/a INDO GLOBAL EXCHANGE(S) PTE LTD | Symbol: “IGEX.” Supplemental Information Document
Ref.: “Shell” designation removal. To Whom it may concern: In tandem with public disclosures concerning the recent acquisition of assets and reporting made regarding the change in Shell Company status, I Sergio Bellosta Suárez, Igex’s CEO, hereby provide the following supplemental information: -The Company was previously a Shell Company as of June 13, 2021, due to inadvertent filing issue. -The Company is changing its status as a Shell Company as of the end of the 2022 first reporting quarter. The Company has filed two (2) SEC Form 8-K in early February 2022, after acquiring two very important and strategic assets, which are critical to the success of the anticipated merger between Igex, a European publicly traded company—a well-established leader in the lithium and energy storage—and a Spanish company involved primarily in the graphene manufacturing industry. The assets acquisition by Igex and the merger are essential to the successful development of the premier center for manufacturing, storage, and shipping of minerals with emphasis in lithium, graphene, and its derivatives in Southern Europe. Retained engineers and architects are already working on finalizing all necessary plans and permits with the goal to break ground in less than 6 months aiming at having the first phase of the project completed and operational by year-end 2022. The lot(s) are located in an already approved "urban" zone, thus not requiring rezoning applications. The construction of the center is permitted under the current zoning. -The effective date of the change in Shell Company status is April 1, 2022, as reflected on the amended quarterly report filed on April 6, 2022.
6400 S. Fiddlers Green #250 #1012 Greenwood Village, CO 80111
-The reason(s) the Company believes it is no longer a Shell Company under the SEC’s definition is that in early 2022, IGEX has acquired and continues to have Ownership of critical assets associated with Igex’s main commercial activity. As reported on SEC 8K filed early in February, Igex acquired two (2) important and strategic assets: (i) The first 8-K was filed on February 2, 2022, to report the acquisition of a a 50,000 sqm (or 538,196 SQ FT) lot located in Jumilla, Spain for a total of €300,000.00 plus approximately an 11% RE tax assessment. The property is worth approximately €980,000 as reported independently by “Arquitasa” (Sociedad de Tasación), which has been homologated by “Banco de España;" and (ii) the second 8-K was filed on February 8, 2022, reporting the acquisition of water rights over the above reference lots, underground reservoirs, and an existing extraction station, including 2 industrial water pumps for a total of €100,000. Corroborating documentation was attached to each respective 8-K Form filed as exhibits. Sincerely,
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