Thank you for the opportunity to clarify Acacia Mining’s (“Acacia”) relationship with Barrick Gold Corporation (“Barrick”). When Acacia (then African Barrick Gold) was spun-out of Barrick in 2010 and listed on the London Stock Exchange there was naturally a transitional period post the listing whereby Acacia adopted, for the sake of continuity of business, many of the Barrick operating policies and procedures. This is the situation in the case of any demerger. This was set out in the Relationship Agreement between the two companies within the IPO prospectus published at the time of the listing.