Ann: Quarterly Report for the period ended 31 December 2015, page-3

well spotted!




 US$1,670,000 - received by Viking
 US$330,000 now due
 US$6,000,000 to be paid in cash within 5 days after all conditions precedent have been
satisfied. The only remaining conditions relate to Viking obtaining the requisite Ghanaian
Minerals Commission and government approvals. This process is expected to take
approximately 3 months from lodgement of the necessary documents to obtain the Minister of
Mines approval to the transfer of the Akoase licences to ARL. Viking has commenced
preparation of these documents which will be lodged with the Minerals Commission during the
March quarter.
 US$ 2,000,000 to be paid in cash as a gold production royalty.