Company Structure
Notes
1. Shares held indirectly through wholly-owned subsidiaries: European Goldfields Mining (Netherlands) B.V. and European Goldfields (Greece) B.V.
2. Shares held indirectly through wholly-owned subsidiary Deva Gold (Barbados) Limited. The Company is required to fund 100% of all the exploration and development costs incurred by Deva Gold S.A. and, as a result, the Company is entitled to the refund of such costs (plus interest) out of future cash flows, prior to any dividends being distributed to shareholders.
3. European Goldfields is a company incorporated under the Yukon Business Corporations Act in Canada. The rights of shareholders may be different from the rights of shareholders in a UK incorporated company.