A South African based private metal resources group. Muva Metals (Pty.) Ltd (Muva) currently owns 50% of Metals Finance Africa. The principals of Muva are experienced in various metal production opportunities in Southern Africa and have successfully brought opportunities to Metals Finance, including the Palabora Project. There is a formal shareholder agreement in place between the Company and Muva under which Metals Finance is responsible for funding project investigation and development work conducted in Southern Africa. This funding is to be repaid as a priority from future positive cash flow generated by MFA. Further details of the Metals Finance Africa shareholder agreement are provided in Section 10 of this Prospectus. This arrangement has the result of bringing into the Metals Finance global team a group of highly qualified professionals based in South Africa who not only have the capability to implement Metals Finance’s projects in that region but also have extensive knowledge of the targets being sought by the Company.