COMINIERE SA RESPONSE TO THE ALLEGATIONS OF MINING FRAUD OF MORE THAN 10 MILLION USD VALUED AT 60 TONS OF COLTAN AND CASSITERITE IN MANONO AND MALEMBA-NKULU
OCTOBER 29, 2022 ARNBETHNIC
The Simplified Joint Stock Company called UNITED COMINIERE, hereinafter “UC SAS” or the “Company” is the result of a Joint Venture Agreement dated July 27, 2016 between La Congolaise de l’exploitation Minière (COMINIERE SA) and Sandstone Worldwide Ltd (SANDSTONE) respectively owner of thirty (30) and seventy (70) shares within the Joint Venture for the development of Exploration Permits numbered 12447, 12448, 12460 and 12462 in the Provinces of Haut-Lomami and Tanganyika in the Democratic Republic of Congo;
We, associates of UC SAS, have just read an article on ACTUALITE.CD, a reputable online media specializing in political, security and economic information which, if its title is to be believed, attributes to us the denunciation of a mining fraud of 60 tons of coltan and cassiterites through a press release dated October 22, 2022 of which we are not aware;
Indeed, public opinion will remember that UC SAS has just gone through a structural crisis organized and maintained by its former technical and operations director, named KASEKA TSONGO Abraham, detained on bail who, using his position within the Company and abusing the trust placed in him by his former employer TANTALEX LITHIUM Corporation (Tantalex), fomented an extrastatutory sale of all the shares of SANDSTONE for the benefit of a certain ORE Sarlu, a phantom company of which a certain MIHIGO NABINTU Micheline is informed in as managing partner;
Mr. Hadley NATUS and Mr. Éric ALLARD are respectively Chairman of the Board of Directors (PCA) and Chief Executive Officer (CEO) of Tantalex. As such, the CEO in addition Chairman of SANDSTONE, a 100% subsidiary of Tantalex was appointed by the Extraordinary General Meeting (AGE) of July 02, 2021 as Chairman – Chief Executive Officer (CEO) of UC SAS alongside a strong team made up of representatives of the Company’s two partners: COMINIERE SA and Sandstone;
The Single Window for Business Creation (GUCE), the Ministry of Justice and that of the Portfolio, boss of state companies, had time to confront all the declared parties, unlike the Peace Court of Lubumbashi / Kamalondo which did not not hesitate to convict by default an innocent person based on evidence demonstrating the incongruity and lack of intelligence of their author, who is none other than Mr. KASEKA TSONGO Abraham, denounced as a usurper and disapproved by COMINIERE SA through his correspondence referenced CEM/DG/080/amm/2021 of September 28, 2021, with in his pay a gang of professional legal businessmen who did not hesitate to install the mafia in institutions as administrative as judicial to the great damn investors of all edges;
We agree that the Democratic Republic of the Congo deserves better than an intoxication of the online media by people without a physical address and who cannot demonstrate their ability to carry out a project – as His Excellency Madam Minister of State, Minister of Justice and Keeper of the Seals in her correspondence incriminated by the article published on ACTUALITE.CD whose “interest for the economy of the Country is not to be demonstrated” and which is bearer of hope for the local population who witnessed the assembly of the first modern production unit in Manono and the social actions carried out jointly with the NGOs and the provincial authorities (images);
The occasion making the thief, we open our doors to all the media and “activists”>, to all the NGOs, to anyone wishing to soak up the truth around the Joint Venture UNITED COMINIERE SAS whose Head Office is located at No. 11, avenue In Mazaz, Golf-Malela district, municipality and city of Lubumbashi, Province of Haut-Katanga in the Democratic Republic of Congo and whose operating headquarters are being set up in Kalemie, Province of Tanganyika;
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