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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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23.07.2018
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Hayır (No)
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The announcement regarding the legal situation for the EIA decision of our company has been made on public Disclosure Platform (KAP) on May 3, 2017, which has also been published on the official web page of Izmir Provincial Directorate of Environment and Urbanization. The positive EIA decision of Ovacık Gold Mine Project, located in Bergama, Izmir, was given by the Republic of Turkey Ministry of Environment and Urbanization on the basis of Act No. 2009/7. Our company was notified about the annulment case of the positive EIA decision by Izmir 6th Administrative Court regarding with 2017/1317 E. on October 3, 2017
In this respect, the Court issued a stay order on July 3, 2018, and it has been notified to our company on July 23, 2018. There is no any other administrative notice which has been notified to our company. We are working on necessary technical and administrative measures to ensure that the legal situation of our company will not affect our productivity, and the developments will be shared with the public
Respectfully announced to the public.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.