Operator
Good day, everyone, and welcome to the New Frontier Health Corporation s fourth-quarter and fiscal-year 2020 earnings conference call. Please note that today s call is being recorded. I would now like to turn the conference over to Mr. Bill Zima of ICR.
Please go ahead.
Investor Relations
Thank you, operator. Hello, everyone, and welcome to New Frontier Health s fourth-quarter and fiscal 2020 earnings conference call. The company s earnings results were released earlier today and are available on the company s IR website at www.nfh.com.cn. In addition, remarks today will be accompanied by a presentation, which can also be found on the company s IR website.
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As reported in the interim accounts, on
3 September 2020, the company announced that it had signed a binding Heads of Agreement (the Agreement ) with Mayflower Capital Investments Pty Limited ( Mayflower ) to acquire certain contractual gold production and exploration rights held by Mayflower in
Republic of Kenya and in Congo Brazzaville. These rights are held by Mayflower through a special purpose vehicle, Mayflower Gold Limited which is incorporated in the
United Kingdom.
Under the Agreement, the Company will acquire 100% of the share capital of Mayflower Gold and the options it holds to acquire: (a) 100% of the share capital of Kilimapesa Gold Pty Limited, which holds a 100% interest in the