Sidon could generate their own cash flow from mining large open pit, high tonage deposit in a couple of years to earn-in the other 20 percent for 5 million(U.S.) dollars

Sidon will be acquiring the option from Kokanee Placer Ltd. through its private Tanzanian subsidiary company for the aggregate amount of 7 million common shares, US$1.5 million cash and conducting US$1.5 million in exploration over a 2 year period. As well the Company, will undertake as part of its option to acquire its interest in the Property, to provide equipment to enable the Tanzanians to continue their small scale mining operations permitted under their Primary Mining Licenses (PML's). Sidon's onsite consultant will monitor this operation to establish a more scientific recovery report. Sidon will be able to acquire the remaining 20% by further payments of US$4,500,000 and 3,000,000 common shares (the "Final Payments") subject to a 3% NSR. The foregoing payments for the 20% interest may be made over a period of up to 3 years, where until the Final Payments have been completely paid, the Company will need to incur subsequent to the completion of the 80% interest, earn-in exploration or development expenditures of US$1,500,000 during the first year, US$1,500,000 during the second year and US$2,000,000 during the third year.

mintaka