Deccan Gold Mines Ltd. (DGML)
Update on Ganajur Mining Lease (ML) of Deccan Exploration Services Private Limited (DESPL), our wholly owned subsidiary
1.1 We write to provide an update on various options available to us with regard to our Ganajur ML after the ‘Speaking Order’ dated 16/07/2021 passed by the Ministry of Mines, Government of India
(MoM) on the said ML. The same are presented hereunder.
a) The Legal Route;
b) The Auction route; and
c) Right of First Refusal;