Did anyone see KNL's announcement this morning? Positive...

Did anyone see KNL's announcement this morning?

Positive Meetings with Government Defines Way Forward

Kibaran Resources Limited (“Kibaran” or the “Company”) (ASX: KNL) is pleased to provide an update on recent events and high-level meetings.
KEY POINTS
• High level government and diplomatic meetings held in Tanzania, Korea and Japan over last week including:
o Honourable Ms Angellah Kairuki (MP), Minister of Minerals in Dodoma, Tanzania
o HE Matilda Masuka, Tanzania’s Ambassador to South Korea in Seoul
o Minister Plenipotentiary, Bernadetha Malima at Tanzania’s Embassy in Tokyo, Japan
• Mining Commission appointed by the President of Tanzania HE Dr John Pombe Magufuli on Tuesday 17 April 2018
• Kibaran well positioned to present its development plans to the Mining Commission
• Tanzanian Government encouraging foreign investment by recently opening an Embassy in South Korea to foster investment
• Germany supporting investment in Tanzania by opening an office of the Association of German Chambers of Commerce and Industry in Tanzania to foster business relations
The Company is pleased to report that His Excellency President Dr John Pombe Magufuli has announced the appointment of the Mining Commission, paving the way for the Company to present its development strategy to the Government.
Kibaran has received strong support for the development of the Epanko Graphite Project (“Epanko” or the “Project”) via high level meetings with Tanzanian Minister of Minerals in Dodoma and Tanzanian Diplomats in Japan, South Korea and Australia. Epanko downstream manufacturing, via micronisation and spheronisation of graphite, supports the Government’s 5th Phase Industrialisation initiative.