Strategic Partnership

Grizal Enterprises Inc.

Grizal Enterprises Inc. is a British Virgin Islands registered limited liability Company whose investment interests are focused on metals mining and exploration sectors.

The benefits gained from Grizal's investment in, and strategic partnership with, Akwaaba are numerous. Grizal owns 80% of Nsuta Gold Mining Ltd. (10% Government of Ghana), a gold exploration Company with exploration activities on a 185 license located in southwest Ghana, in the southern portion of the Ashanti gold belt. Grizal, through Nsuta Gold and its other interests, has extensive experience working with the Minerals Commission, EPA and other Government departments as well as with local communities.

Grizal and its affiliates, which include Marsevia Holdings Ltd., have invested approximately $6.4 million and hold an undiluted interest of 32.6%.