Polo Resources Limited

Polo Resources Limited is an AIM listed mining and exploration group focused on investing in or acquiring and developing advanced stage uranium assets. It currently has an investment portfolio of uranium and coal interests, and 50% of a joint venture with Peabody Energy Corporation, formed to hold all of Polo’s coal and uranium assets in Mongolia.

Polo’s primary focus is uranium and Polo acquired in 2009 a 8.93% interest in Berkeley Resources Ltd, a leading uranium explorer and developer in Spain; a 9.08% interest in Extract Resources Limited, operator of the Rossing South uranium discovery in Namibia; and has entered into a Subscription Agreement to acquire up to a 19.9% interest in A-Cap Resources, currently focused on advancing the Letlhakane Uranium Project in Botswana.

Polo's strategic coal investments are comprised of a 29.8% interest in GCM Resources plc and a 26.2% interest in Caledon Resources plc.