Welcome to Virtual Investor Conferences. On behalf of OTC Markets, we are very pleased you've joined us for our two-day OTCQB Virtual Investor Conference. The next presentation is from Avanti Gold. Please note you may submit questions for the presenter at any time. You can also view a company's availability for one-on-one meetings by clicking Schedule a Meeting. At this point, I'm very pleased to welcome Mohamed Cisse, Chief Executive Officer of Avanti Gold, which trades on the OTCQB Venture Market under the symbol AVTGF, on CSE under the symbol AGC, and on FSE under the symbol X370. Welcome, Mohamed. Thank you very much, Lili. It's really a great pleasure, I'm very delighted to be on this virtual conference for the OTCQB. I'm Mohamed Cisse, the CEO for Avanti Gold, I would like to take you through, quickly, Avanti Gold's slides, I've allowed enough time for Q&A. Please feel free to drop your questions, I will make sure that we have enough time to really dedicate to the answers of the Q&A. Avanti Gold is a listed company, as Lili mentioned, on the OTCQB and also on the CSE. We have started a great project in the Eastern DRC called Misisi. We've got drilling underway currently in one of the highest grade undeveloped deposits in Africa. I'm quickly going to go through the slide. This is just normal disclaimer and cautionary statement. What we have got is a de-risk resource of 3.1 million ounces at 2.37 g per ton at one of our deposits. It has got an NI 43-101 report. It is open on strike and depth. We've got an extensive land package of 153 sq km, we have got a valid mining license, a valid exploitation license, which is valid until 2045. It covers a 55 km strike of mineralized corridor on the Kibaran Gold Belt. Kibaran Gold Belt is the same belt that hosts the Longonecko Project, the same belt that hosts also the Banro Project and also the Kibali Gold Project of Barrick. What we have got this year is an aggressive program of 42,000 m of drilling, which we're going to do in two phases. We started already. We are close to the completion of phase I, we intend to start phase II this month. We have got five high priority satellite pits beside Akyanga, we actually want to look at the scale of this Misisi Project. These five targets beside Akyanga, which is Akyanga East, Ngalula, Tulonge, Lubitchako, and Kilombwe. Every single one of these are within 25 km of Akyanga, which is the main high-grade target. We have got a lot of government support and local support as well. When we went in in DRC, we actually had constructive meetings with the government, the local, or Misisi, we think DRC has got one of the best jurisdictions currently in Africa. We have been discounted against our peers, again, due to the lack of information we had initially also the lack of knowledge of people. That is why we are attending such conferences and bringing awareness of people to Misisi Project. In terms of corporate snapshot, I am happy and delighted to mention to everybody that we have cleared all our outstanding CAD 0.03 and CAD 0.05 warrants. Our current warrants are sitting at an average of CAD 0.64 of 25.8 million, and then our options are sitting at an average of CAD 0.65 as well at 6.6 million. We still have 236 million outstanding shares, and then our fully diluted shares are around 282, so our market cap is sitting around CAD 100 million currently. And then we are trading around CAD 0.48. We have got analyst coverage from ACP, and then we also got coverage from Atrium. To give you a quick summary of where we started, we started pretty much around August with a good private placement, with some very key interested shareholders for CAD 1.4 million in August. That private placement was done at CAD 0.03. From then on, we moved on to do a live offering, CAD 25 million, and we did that live offering at CAD 0.50 and a half warrant at CAD 0.65. From then on, I got appointed as a CEO in December, and then we actually went onto the project site, get everything established from the ground up, and then got involved with drilling contractors. We had historical drill cores that were never shipped. We shipped those out for sampling in Tanzania. We reported the first drill cores in March from historical data and historical assays. And then we mobilized drill rigs in April 2026. We initially mobilized two rigs. In July, we have increased the number of rigs to four. In July as well, towards the last part of July, we have actually announced the remaining of the historical holes. Every single historical assay has been treated, cleared, and reported, and we are happy that we are going to be starting the new holes that are at the lab, and we are receiving those samples as they get assayed. We also will be increasing the number of rigs to six. The two extra rigs, rig number five and six, are on the way to the site as we speak. Misisi is really a very high prospect in DRC It sits at the border of South Kivu and Tanganyika Province. What we did is we took leverage from the Tanganyika Province, so we are accessing the project from the Tanganyika Province. We are accessing it from a town called Kalemie. It is about 180 km from our site. It has got a port city, and it is connected to Tanzania via Kigoma. That is our means of access up and down from the project. And then we have got three contiguous licenses covering 150 km sq, as I mentioned, valid until 2045. It is very key to note that this is not an exploration license, it is an exploitation license. We control 73.5% of the company at the DRC level, and then MMG, which is a Hong Kong-based company, based at CAD 12 billion, they control 21.5%, and the DRC government carry 5% free carry. We are busy discussing with the DRC government now. This concession has been done at the back end of the 2002 Mining Code. The license has been granted for exploitation in 2015, it's been 10 years now. We're actually discussing with the government to really align ourselves with all the existing laws and continue in a clean note. We're going to really follow through the high target beside Akyanga. As I mentioned to you, the priority target we have got beside Akyanga is Akyanga East. It sits just 500 m from Akyanga. We have got Ngalula, which is our number two target at the bottom of the license. It's really extensive in terms of land package, and it sits around 25 km from Akyanga. We've got Tulonge that follows, Lubitchako, just 5 km from Akyanga. We've got Kilombwe at the northern side, again, also close to about 7 km from Akyanga. These are the targets we actually want to look into and make sure that we don't just go in and expend the resources of Akyanga, but we also bring in these other targets alongside with that. What we see at Misisi and what really dragged me to the project initially was the grade. Misisi sits at 2.37 g a ton. We've got 40 million tons. If you look at most of the African projects currently, either on exploration or on construction or actually during feasibility stages, the average grade sits between 0.6 g-2 g a ton. Misisi, Imbo, and Njivvy are the few projects in Africa that are sitting above the 2 g a ton. We actually want to leverage on the grade and take that project further by maximizing that grade. What's to note as well, the 3 million ounces has been discovered only with 20,000 m of drilling. We are scaling that up this year by doing 40,000 m. We're actually doing double what's been done historically. We believe that we can easily increase the number of tons and the ounces in this project before we do a new resource update. Just to highlight on the grade, 2.37 g a ton, there's only one project which sits about 1 million ounces at 2.5 g a ton, which is higher than Misisi. Imbo sits on the same belt. It's got 2.11 g a ton. That's a long hole project. Everything else is really sitting lower than 2 g. We actually want to make sure that we leverage on that grade and maximize the ounces of Misisi. In terms of previous test works, it's got a very strong methodology. All the previous test works have reported really very good. Our CIL recovery is above 95%, heap leach above 60%, and gravity content over 50%. We actually have got a very good methodology, which is straight CIL process, and we'll do more test works as well, more methodology test works as we continue with the drilling. The path to growth is very simple for us. Akyanga is open on strike and at depth, there's continuous parallel strikes and quartz vein structure running down. What we've seen from historical drilling, it has only been drilled down to about 280 m. We are drilling quickly to 380 m to look at expanding the resources quickly. After expansion of the resource, we will report on a new resource model. In terms of Akyanga, as I mentioned to you, the 3.1 million ounces with the 20,000 m has been done at a gold price of CAD 1,500 at a cut-off grade of 0.5. What we're looking at is revisiting this pit with CAD 2,900 gold price, maintaining the same cut-off of 0.5, and look at how we can substantially increase the tonnages. If you see the size and the continuity gram per ton for the deposit, you can see over depth, the ore bodies are actually increasing in terms of width. We got some very good intersect. As you can see, 90 m at four, 7 m at four, 5 m at 16. We actually want to leverage. We believe there's multiple veins running down in Akyanga. Within these veins as well, there is some high-grade ore, which we actually want to leverage on. I'm also delighted and happy to report that within the current drilling program we've done, we've actually hit a number of visible gold within the drill holes. This is historical drill holes that we reported, every single intercept came in line to what we expected. It's actually encouraging and gave us really more confidence that we'll be getting what we expect, and we will continue in expanding this resource. In terms of project, as I mentioned to you, every single one of these targets have had trenching or have a drilling done on it. If you look at Akyanga, Ngalula, Tulonge, Lubitchako, all of them have got previous drilling on it, the drill results are very good and encouraging. What we want to do, have a standalone Akyanga that we can actually improve and report on towards the end of the year. At the same time, do enough drilling around these five targets to be able to put a resource model on those targets, before the end of the year. We're fine-tuning with more drilling to put them also onto the PEA, which we intend to do early next year. This is Akyanga East. It has 10 new historical drill holes, very wide spacing, 200 m-500 m apart, but intersect are very good. Also from surface, you can see from 49 m-100 m, intersect are within 5 g, 8 g a ton. Ngalula has got one of the biggest potential, as I keep stressing and mentioning to everybody. It's got the biggest anomaly of gold vein and soil geochemistry over 8 km strike. The main zones are over 600 m width, 3.5 m in length. We have done trenching on it, this will be our target number two of drilling after Akyanga. It's intended to start within this month. Tulonge is similar. It's got 7 km of quartz veins, a lot of us are working on it. Lubitchako, also similar. It's just 5 km from Akyanga deposit. Historical four diamond holes. We just want to leverage and add on more holes on this. We actually have got a team of geologists on every single one of these deposits. As they do the trenching, they need to define better where we're going to put holes, we will start a program this month. Location-wise, as I said, we are situated between South Kivu and Tanganyika, we take advantage of the town of Kalemie, which has been free of conflict. It's a town that has the biggest lithium project in DRC. It's a town that also holds the first refinery of DRC. It's connected by a massive airport to big towns. It's also got connection via port city to Tanzania. All our drill rigs have been mobilized from Tanzania. They came through Kalemie, 180 km to the site. Then we've done the same thing by taking our samples as well. They come to Kalemie then they head over to Mwanza, SGS. Kalemie, it's got airport facility, port, and it has also got a hydropower plant of 24 MW, situated 40 km from us. Come to the right time on construction, we can leverage on that power plant to supply cheap power to the processing plant as well. This is the location of projects. That's the white rectangle you can see. We're locating right close to the Lake Tanganyika, and you can see there's a few kilometers on the bird fly separating us to Tanzanian border on the other side. We drive down south instead of going to the northern side, then we cross the lake to Tanzania. This year, intention was very simple, 42,000 m, we keep stressing it, and we started it in April, meant to complete in July. It's going to overrun until the month of August. What happened, when we do this drill program, what we do, we collect samples. We consolidate the sample. There's a very tedious process to get samples across from DRC to Tanzania. Instead of sending samples on small batches, we consolidate as much as possible to send them as a big go to really minimize our cost then be more efficient on the cost of the operation. We send it across to Tanzania, then as they get processed through the lab, we get the sample results. What we did initially, we did all the historical holes, clear all the backlogs, then, they're starting with the fresh holes. We're getting two assayed holes. There's two assayed holes that are being finished now, then we want to be reporting on those as we analyze them. Phase II will be fine-tuning drilling on Akyanga. It's also got some drilling in Ngalula, Tulonge, Lubitchako, but also we want to do a step-out resource drilling and do a bit of definition drilling to get Akyanga to the next stage as well. Jurisdiction-wise, we believe DRC is really great in terms of assets. It has got one of the world-class assets in the world. It has got a competitive fiscal regime and a lot of big companies operating successfully in DRC. U.S. has been a strategic investor to DRC, and they are the catalyst for the peace deal between DRC and Rwanda as well. We're leveraging on all of these activities to fast-track our project. Fiscal regime, 3.5%, free carry 5%-10%, as I mentioned, we are busy discussing with the government regarding the extra 5% that we can allocate to them, and 30% income tax, that's across literally DRC, and very competitive compared to other African countries. As I mentioned, this license been granted on the back end of the 2002 Mining Code. Lately, there's been an increase to or a change to the 2018 Mining Code. Mobilization has been done. We did a lot of community engagement. We believe we need to respect community. We need to follow our governance, look at local integration. That's what we're doing. We're actually going through a lot of training, to have local operators. Instead of bringing experts from Tanzania and other countries, we are training our local operators to carry on the rigs as we ramp up the number of rigs with the project. A benchmark to some of the projects we see in the region, the first one is Imbo. The one thing I keep stressing on is the structural corridor. Imbo has been taken out by Chinese for about CAD 180 million. They had only 17 km of the Kibaran Gold Belt. We've got 55. We're a lot comparable to Kibali, which had 60 km, then they've discovered over 16 million ounces. They're in production. They're producing about 0.5 million ounces per annum. That's the vision we have got, really. Put up the same sort of work we've done, in Kibali, then get Misisi bigger. In terms of trading, we are a lot discounted compared to peers, but we will be fixing that as we share our new drill result coming up. Catalysts for the year, we finalized all the historical, we started the drill program, increased the number of drill to the site. Phase I drilling, that's what's on the way now, then start phase II. What we're doing is we were meant to do phase I with four rigs, then the four rigs move on to phase II. We moved and mobilized two more rigs to start phase II as we complete phase I. Eventually, the four rigs will be added to the two of phase II and then make it six rigs to continue and finalize phase II within our target time of December. Analyst coverage, ACP, target price CAD 1.7 and Atrium CAD 1.8. Board, a very extensive team of people. They got wide experience in Africa. Myself, Sir Sam Jonah, from Ghana, ex-AGA. Terry Holohan, ex-Resolute, also ex-Ivanhoe. [Sapan], based in Canada, really very great in terms of financing. David Renner, a mine builder or ex-AGA. Mata Botima, our country manager, then he is a DRC national. Jon Hill, he had discovered several million ounces in Africa. We've got Martin Pawlitschek, the CEO of Sanu. He's also part of the strategy around the exploration. This is really in a nutshell what we believe and think we should be investing in Avanti is the scale. We can derisk the project. We can bring up the ounces higher, then we've got an extensive permit, which can improve and then get more multiple assets comparable to Akyanga on it. We have got a very competitive fiscal regime, which we're leveraging on. This is really in a nutshell the presentation I've got. You can still reach out to me so we can coordinate some one-on-one meetings with GCB on the 10th and 11th. I quickly want to go through the questions. I'll read out the questions without mentioning the names of the people asking the questions, then we'll go from there. Okay. I've got the first question that I've seen. The company mentioned multiple drill ready exploration target along the 55 km corridor. Which of those, in your view, has the potential to surprise the market the most? For me, we've got multiple targets on Akyanga, on the 55 km. The one that can really surprise the market the most are two. First, Akyanga East. I believe Akyanga East and Akyanga are connected. The second one is Ngalula. It has got such a wide space, such wide anomalies or quartz veins. I think it could be a lot bigger than Akyanga. Next question. Kalemie as an operational base give you a paved runway, deep water port, hydro plant. How much does that infrastructure compress your timeline and cost to future development decision? To build a mine in DRC can be very tedious in terms of mobilizing or getting access to port cities. If I take the example of Kibali, the Barrick mine. Barrick mine has been built within two and a half to three years, and that time we were taking materials from pretty much Kenya, across Uganda, and then into DRC For us, we have got very good infrastructure in Tanzania, bringing it across to Kigoma, across Kalemie. We should be able, relatively, if money is not a constraint, to build a plant and get this mine operational within two and a half years as well with the current condition. Another question, when could we expect the first assay results from the current drilling season? We received, as of last week, batches of the results. We're consolidating those results. As early as next week, we should be sharing those results with the market. Another question: with fully permitted mining license valid until 2045, what key steps remain between today's exploration program and a Preliminary Economic Assessment or pre-feasibility study? What we want to do at the back end of this program, do a resource model. We're going to re-update our resource model. As I said, the resource model has been done at 1,500. We want to do a new resource update at 2,900, and then from then on, leverage on the same cut-off grade, have a resource update December. We'll start the PEA process. The PEA process will be early next year. It will take probably five to six months to do a reasonable PEA. As we drill now, we already start collecting samples for met works, geotech, and also hydrology. We'll leverage all of that as we do this current drilling. Next question, how are you thinking about early infrastructure solutions at Misisi? Power access, camp expansion, and could any of those be phased in to support a staged development? Definitely. Power, camp access, and all of that can be in the phased approach. Our main focus is as we build the exploration camp, we're looking already building a bigger camp, that can accommodate the construction phases. We have already went to visit the hydropower plant of Bendera, which is the power plant that's been built by the Belgians in 1960. We had a discussion with the government to be able to tap onto it and then expand on it and also help them refurbish it to get power to us. All of that is already in discussion, in motion. Our vision is not just to do exploration, expand resource, and then take this resource behind. Our vision is already with the thinking of building it. Next question, what would be the reasonable expectation of conversion rate, from inferred to indicated after the 42,000 m? The reason why we focus on expansion, if you look at all the drill results we've had on the 200 by 200 spacing, the grade has been fully consistent above 2 g a ton between all the holes. We believe that we can achieve over 60%-70% conversion rate on the finish on drilling. Next question, looking at the Misisi belt, 55 km strike, and the frequency continuous mining license, how are you prioritizing target beyond Akyanga to potentially unlock the discrete scale gold story? We have had historical drill data from every single target. Based on what we know historically of those targets, that's how we prioritize them. We prioritize them based on the potential of growth. We prioritize them also based on the scale and the size of them. That's why you can see Akyanga East come first because it's very close. It's got 10 holes on it. Ngalula come second because of the size. It has got really a large scale that can change the story of Misisi in multiples. Next question, how is the current security situation where are you operating? It is very safe. I physically went to the ground myself in February, and we have mobilized teams. I've got over 40 people on our camp site. I've got over 21 geologists running between the 55 km already. It is very safe for us. We move everything down south. We are 220 km from Uvira, which was the last town there has been any conflict on. With the U.S. intervention, the rebels have pulled back from that town. We see comfort. 220 km in DRC term, it's one week of travel. You'll have enough alerts and enough knowledge, when there's any issue in terms of security. The one thing I want to stress on, another question about how do you see this deal of Toubani with Avanti? I want to mention clearly that Toubani investment does not change any control of Avanti management, the board of the project. Avanti remains an independent company. I want to see, and I want to actually inform everybody that we view this transaction as an external recognition of the quality and the potential of Misisi. We have not entered into any joint venture with Toubani. We don't have any project level agreement with them, and we did not receive any proceed from this investment or share swap between some private shareholders. What we see is unlocking the value and then taking the overhang from the CAD 0.03 shares we had, and it had valued us at CAD 0.65. We want to take leverage on that and then get exposure as well to Toubani shareholders. Next question. Have any strategic approach you to do a financing? We have had many people approaching us for financing. As I said, we have got CAD 25 million, which we are wisely using for the 42,000 m. We are not engaging in any financing at the moment. We want to leverage all the work we're doing, maintain our strategy, maintain our focus, keep our heads down, use the money to the best ability possible, increase value for the shareholder before we can look at any dilution for shareholders. New question. For investors in new Avanti, what makes Misisi project special? For me, what makes it special is DRC, the grade, the jurisdiction, and also DRC has the specialty to uncover big scale deposits. The scale, the jurisdiction makes it very attractive for me. Next question. Have you had any site visit by other mining companies? This project has been around for many, many years. A lot of people have not managed to get it off the ground and get [inaudible] enables us to take it forward. Not had any mining visit from any companies, but we are doing most of the work ourselves. Next question. What marketing are you going to do, and are you content with the stock price? We are definitely not content with the stock price. There's been a lot of ups and down on the market. It's about visibility. It's about information. That's why we're doing this. We want to get closer to the shareholders. We want to get people to know the story better, we don't want to disappoint. We are not in a rush to just flow the market or to flood the market with information. We want to do a very correct and dedicated work for the drilling. We are analyzing every single hole adequately. We're taking enough time with the QP to analyze everything and do right, the good diligence on it to make sure whenever we share result, it's valuable result we share to the market. We've done a lot of that as well. We spend a lot of time on logistics, clearing everything, sending everything to the lab as much as possible. It is at a lab now. I'm comfortable. I will be sharing steady flow of news as we do the work for the resource update. We have two minutes to go. I will take two questions. Next question. Why do you believe Avanti represent a compelling opportunity at its early stages? As I said, it is very discounted compared to peers. We have got a share price trading at around CAD 0.48-CAD 0.50. There is no doubt about the geology. The geology is great. We believe that it will enfold into multiple million tons. We think just by changing the gold price, we can add 0.5 million ounces to it. I think just looking at the grade and the team available to advance the project in such a difficult moment, give me all the leverage to make this project great, good for investment. Another question that just popped in now. AVTGF now has a leadership team with there Kibali, Syama, broad African experience. How is that shaping the design of the drill program to keep you scalable all the way to PEA and beyond? We saw the vision of Kibali. We saw the vision of Syama. We saw how the turnaround was mined, it has been steady processes. We did not rushed in just through wanting to impress the market. We want to do the right things. That's why we're taking our time to understand the people, to understand the community, to understand all the logistic and do right diligence to deliver this project. I'm very happy and pleased with some of the questions. I'm so sorry about the question that I would not manage to answer. We are still available. I'll provide feedback at the end of this meeting to people that have a question not answered. We will also have opportunity for one-on-one meetings on the 10th and on the 11th. Please feel free to contact us for one-on-one for further clarity on those questions. Thank you so much for attending. Thank you for the interest in Avanti and Misisi Project.