To assist with ongoing negotiations, government relations and general business affairs, the company has retained Mr. Peter Mietzner, local businessman. Based in Wnindhoek, Mr. Mietzner has been empowered to represent the company and sign documents where necessary in the country.

David Brett, CEO of Pacific Bay, said: “Namibia the premier destination worldwide for uranium explorers. Namibia is an impressive country with excellent infrastructure, vast exploration potential, and a positive regulatory regime dedicated to sustainable mining development. Pacific Bay has committed the resources needed to be a serious long-term part of the mining community in Namibia. We acknowledge the need for mineral development in Namibia to incorporate the interests of previously disadvantaged groups and have had discussions with a number of Black Empowerment Enterprises.”

Mietzner said: “We feel this is an opportunity for claim holders in Namibia to enter into a truly pro-active partnership which will be to the benefit of all and add valuable employment opportunities.”