Key Facts

Corporate Summary

• First funds raised in 2006 to acquire 80% of Temir Service LLP

• Listed on AIM in London on June 30, 2008 raising $66 million to accomplish implementation of early mining and preparation of a Bankable Feasibility Study ("BFS")

• Completed acquisition of the 100% of Temir Service LLP in 2009

• Mining rights are regulated by Subsoil Use Contract with term of 25 years, extendable

• Currently in compliance with conditions of the Subsoil Use Contract

• Pilot Plant Tests proved technical feasibility of production of DAP and MAP

• BFS Preliminary Information Memorandum released in February, 2011