Introduction

    Tawati Holdings Limited ("Tawati Gold") Tawati Gold has been in operation since 2008 and is planning to upgrade infrastructure and operations. Tawati Gold is in the process of finalising its expansion costing which is currently estimated at approximately $3.5 million (R26 775 000).

    Tawati Holdings Limited holds 90% of Tawati Gold SARL, a Mali registered company.

    Corporate Information

    Directors

    WA Pretorius BCom (Act) FILPA Dipl Mark Man
    L Sieberhagen
    IH Dunnett CA (SA) EE MBA

    Non-executive directors

    ME Jooste BSc (QS) MBA
    A Gammie Msc Econ LLB Hons Haute Ecole Des Etudes Comm
    HL Young

    Auditors

    Snijders & Associates
    699 Pierneef Street
    Deerness
    Pretoria
    South Africa
    + 27 (0) 12 329 7209

    Attorney

    Barnard Incorporated
    1st Floor,
    Oak House
    Highveld Technopark
    Centurion
    South Africa
    + 27 (0) 861 088 088

    Holding Company

    Tawati Holdings
    Type Public
    Reg no 2007/035162/06
    Box 1078 Montanapark 0159
    +27 (0)12 548 6727
    +27 (0)11 463 2763 Administration
    +27 (0)86 652 3961 Fax

    Subsidiary

    Tawati Gold Mali SARL
    Type Private
    Reg no MA BKO 2007/B4337
    Address Bamako Fasso Kanu Face Station
    SMC Immeuble Filani BP E487
    Box 4174 Bamako, Mali
    Bank Banque Atlantique
    +223 2029 8020 Office
    +223 7330 5508 Factory

    Location

    The main cities in western Mali are Bamako (the capital) and Kayes. Kenieba is the largest town in the mining area in Western Mali, but is undeveloped mainly due to limited infrastructure and poor access. A highway is currently being built from Dakar (the most accessible port) through Kenieba to Bamako, expected completion in 2012.

    Map 1: Regional West African map

    tawati_map1.JPG

    Tawati Gold is currently operating in Dialafarra (30km east of the Senegal border, 150km south of Kayes and 100km north of Kenieba) as indicated on Map 2. The upgraded operations will take place within a radius of 80km of Kenieba.

    Map 2: Regional western Mali map

    tawati_map2.JPG