MIK Meikles Limited

 
TIDMMIK 
 
MEIKLES LIMITED 
 
                            NOTICE TO SHAREHOLDERS 
 
                      MEIKLES CONCLUDES MINING STRUCTURES 
 
Further to the expectation announced in our recent Chairman's Review, 
shareholder agreements pertaining to our mining objectives have now been 
concluded. 
 
A new company to be named Meikles Centar Mining (Private) Limited has been 
formed. This company will be controlled by Meikles to ensure that the entity is 
compliant with the Zimbabwe Indigenisation and Empowerment laws. 
 
Centar is a mining company founded by Ian Hannam and Jan Kulczyk and supported 
by a number of prominent and highly experienced investors from countries 
including Thailand, Indonesia, Poland, Kazakhstan, and elsewhere. It was 
founded initially to develop mining assets in Afghanistan in partnership with a 
highly respected Afghan businessman. It is leading the way in the development 
of that country's mining industry as it emerges from years of conflict, using 
foreign and Afghan capital, foreign technical experts and Afghan staff. Its 
Afghan businesses employ over 500 local staff, supported on the ground at any 
one time by 15 ex-pat technical experts - the majority of whom are Zimbabwean 
nationals. These businesses include Afghanistan's only Drilling and Exploration 
Services Company and Afghanistan's only Mineral Assay laboratory. It also 
includes an exploration company that is now exploring a gold prospect in the 
north of the country as well as being short-listed in a government tender as 
the preferred candidate to explore and develop 2 copper exploration licences, 
and a Joint Venture with a Turkish Mining Company that has itself been 
short-listed to develop 4 more gold exploration licences there. 
 
Centar has a carefully selected in-house technical team, with years of 
experience in exploration and mining of most minerals in many different 
countries in the world. This includes the requisite experience to develop 
projects at every stage of the mining life cycle, and in all environments. It 
is also a proven leader in drawing upon or building local capacity and skills 
as a core part of its method of operation. They are also supported by an 
experienced finance and commercial team with a long and successful track record 
of financing worldwide mining projects of every scale. They will work with the 
Meikles team to develop identified opportunities in gold, tantalite and iron 
ore. Further opportunities will also be explored. It is expected that at least 
one mine will be in operation in early 2014. 
 
At the forthcoming Meikles Limited Annual General Meeting shareholder approval 
will be sought to include mining resources in the business of the Company. 
 
COMPANY SECRETARY 
 
24 June 2013 
 
Directors: JRT Moxon (Chairman); R Chidembo; B Chimhini*; O Makamba*; K Ncube*; 
ML Wood*; 
 
* Executive 
 
 
 
END 
 

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