the official ceremony for the awarding of a mining permit to CAMINCO S.A. for the Mborguéné gold mine in the East Region

Pursuant to the Ministerial decree No. 000212/MINMIDT of August 18, 2025, this permit grants CAMINCO S.A. the right to operate the Bétaré Oya mine for gold. The mine is located in the Mborguéné locality, within the Bétaré-Oya and Garoua Boulaï towns of the Lom and Djérem Division in the East Region.

In accordance with Article 51 (4) of Law No. 2023/014 of December 19, 2023, on the Mining Code of the Republic of Cameroon, CAMINCO S.A. must begin effective operation of the deposit within a maximum of two years from the date of award, or the permit will be withdrawn.

CAMINCO S.A. represented by its CEO, Mr. Roger Bogne, guaranteed the responsible operation of the mine. He also promised to collaborate with authorities and local communities to develop infrastructure, ensure technology transfer, and build a training center for mining techniques, among other things.

Representatives from SONAMINES, MINMIDT, and CAMINCO S.A. attended the event.