BBX 0.00% 24.0¢ bbx minerals limited

Ann: Response to ASX Query Letter, page-118

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    The MPF stated that Paulo Cézar Lourenço Bruno (vulgar Paulão) was acting to threaten and coerce garimpeiros of COOPERJUMA, so that they left the area and, thus, could appropriate it. In addition, Paulo also threatened the garimpeiros in order to keep his wife in the position of president of COOPERJUMA.
    The author also argued that COOPERJUMA was used as a "facade", to obtain priority in the exploration of the area, to promote the environmental regularization of the garimpeira activity and to pass it on to the international private company Mineração BBX do Brasil Ltda (BBX Minerals), for of Minorte Extraction of Mineral Ltda. He added that, in order to "buy" the support of prospectors, Minorte Extraction of Mineral Ltda. would pay the cooperative the value of R $ 2,000,000.00 (two million reais), in addition to the monthly payment of R $ 400.00 (four hundred reais) to the cooperative.
 
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