In a recent development, AKORA Resources has received explicit support from key Malagasy Government officials for the transition of the Bekisopa high-grade iron ore project from exploration to mining. This significant endorsement signifies a crucial milestone for the Company, enabling strategic investment discussions and the progression of detailed development planning. The Mining Licence application submission has been well received by His Excellency Colonel Lucien Rabearimanana and Mines Minister Mr Carl Andriamparany, who highlighted the project's potential economic and social benefits to Madagascar. The Company's proactive engagement with governmental leaders demonstrates a strong commitment to responsible resource development in the region. This positive reception positions AKORA to unlock substantial long-term value for all stakeholders, and further demonstrates the company's dedication to advancing the Bekisopa project.

Investors are invited to inquire further about this exciting development and its potential impact on AKORA Resources. The company's continued efforts in Madagascar, backed by governmental support, showcase a promising future for the Bekisopa Iron Ore Project and its contribution to the Madagascan economy. With the endorsement from key officials, AKORA is well-positioned to accelerate the delivery of value and drive sustainable development in the region. For more information, please reach out to Managing Director Peter Bird at info@akoravy.com.