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Further Market Update

14 Jun 2017

Acacia notes the announcement made by Barrick Gold Corporation that following the discussions between the President of Tanzania H.E. Dr. John P. Magufuli and John L. Thornton, the Executive Chairman of Barrick Gold Corporation, Acacia’s majority shareholder, Barrick has agreed to commence negotiations with the Government. As the negotiations have yet to commence, no agreements have been reached, but the negotiations will seek a resolution that is in the best interests of all stakeholders.