PM Capital Asian Opportunities Fund Pty Ltd

Pan African Resources Plc is an exploration company, which engages in mining and production of gold and precious metals. It operates through the following segments: Barberton Mines, Evander Mines, Solar Projects, MTR Operation, Tennant Mines, and Corporate and Other. The Barberton Mines segment sells gold to financial institutions located in Barberton, South Africa. The Evander Mines segment offers gold to financial institutions located in Evander, South Africa. The Solar Projects segment consists of the solar plant located at Evander Mines. The MTR Operation segment refers to the process of gold tailings deposits in the Mogale district. The Tennant Mines segment consists of the Nobles Gold Mine (consisting of stockpiles, open pit and underground mines) and the Warrego copper and gold project. The Corporate and Other segment focuses on the Group's holding companies and management services company which renders services to the Group and is in Johannesburg. The company was founded on February 25, 2000, and is headquartered in Johannesburg, South Africa.