{
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          QE&                                                                                                                     #
                                                                                                                Form XVII
         #                                                                                                 (Rcgulation 23)        ffi
         ffi                                                                                                                      *
         ffi           Kasempa                                                                                                    #
         #                                               REPUBLIC OF ZAMBIA                                                       #
         ffi                                                                                                                      #
         #                                                                                                                        #
         ffi                                   The Mines and Minerale Development  Act,2mg                                        #
         #                           The Minee                 (Act No. 7 of 2003)                                                #
         ffi                                     and Minerals Development  (General) Regulations, ZXlg                            #
         #                                                                                 LICENCE NO. 2OsS4.HQ.LML               #
         #                                    LARGE-SCALE MINING LICENCE                                                          #
         #                             (Section 27 of the Mines and Mircrals Deaelopnent Act, No.7 of 200g)                       #
         li;          Holde/s name: Ruida Investment Limited
         i&                                                                                                                       ffi
         #            Address: P.O BOX 4344,, Kitwe                                                                               #
         #            The mining area shall be the area described in the schedule and annexed hereto                              *
         #                                                                                              and                       *
         #            bordered Red on the plan.                                                                                   #
          oa6,       The licence relates to the following minerals: Copper
         ffi                                                                                                                      #
         # The licence is granted for a period of 25 years commencing on the 12rh day of August, 2Ot5                             #
         ffi         The conditions of grant of the licence are as shown in the Annexures  attached hereto                        #
         #           Issued at Lusaka this 12th day oI August,                                                                    #
         #                                                      2OlS.                                         .L                  ffi
         #                                                                                                                        *
         ffi                                                                                    M       B.C.Lumamba               #
         #                                                H                                        Director                       )g(
         #                                                                                                                        ffi
         #                                          ENDORSEMENT  OF REG]SI'RAT]ON                                                 #
         #                                          This                                                                          W
         *                                               Large Scale Mining Licence has on this 12rh day of August,               ffi
         #                                         2015 been registered in the Register.                                          #
         ffi                                                                                                                      *
         ffi                                                                                    M         C.Lumamba               W
         #                                                                                           Director                     #
         ffi                                                                                                                      ffi
         ffi                                                                                                                      #
         o{o                                                                                                                      oa&