THE GOVERNMENT OF THE REPUBLIC OF THE UNION OF MYANMAR MINISTRY OF MINESProspecting and Exploration Agreement • April 28th, 2015
CONTENTS ARTICLE PAGE ARTICLE I DEFINITIONS 2 ARTICLE II REPRESENTATIONS AND WARRANTIES 5 ARTICLE III AGREEMENT AREA AND RELINQUISHMENT 5 ARTICLE IV GRANT OF PERMIT AND EFFECTIVE DATE 6 ARTICLE V WORK PROGRAMS 6 ARTICLE VI MINERAL PROSPECTING 7 ARTICLE VII MINERAL EXPLORATION 8 ARTICLE VIII FEASIBILITY STUDY 10 ARTICLE IX GENERAL RIGHTS AND OBLIGATIONS 12 ARTICLE X BANKING AND CURRENCY RIGHTS 14 ARTICLE XI SECURITY DEPOSIT 14 ARTICLE XII APPLICATION FEES 15 ARTICLE XIII INSURANCE 15 ARTICLE XIV TAXES AND DUTIES 15 ARTICLE XV DEAD RENT 15 ARTICLE XVI JOINT CO-ORDINATION COMMITTEE 16 ARTICLE XVII RECORDS, ACCOUNTS AND AUDIT 17 ARTICLE XVIII CONFIDENTIALITY 17 ARTICLE XIX DURATION AND TERMINATION 18 ARTICLE XX THE ENVIRONMENTAL AND SOCIAL IMPACT 19 ASSESSMENTAND ENVIRONMENTAL MANAGEMENT PLAN ARTICLE XXI MISCELLANEOUS PROVISIONS 20 ARTICLE XXII GOVERNING LAW 21 ARTICLE XXIII FORCE MAJEURE 22 ARTICLE XXIV ARBITRATION 22 ARTICLE XXV CONDITIONS PRECEDENT 23 ARTICLE XXVI AUTHENTICITY 23
