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Press Release - MINING.COM

Press Release - MINING.COM
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US Congress Restores Sudan Sovereign Immunity

US Congress Restores Sudan Sovereign Immunity
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United States Rescinds Sudan's Designation as a State Sponsor of Terrorism

United States Rescinds Sudan s Designation as a State Sponsor of Terrorism
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Orca Gold Inc. (TSXV: ORG)
( Orca or the Company ) is pleased to confirm that Sudan s designation as a State Sponsor of Terrorism is rescinded. The Company extends its congratulations to the people and government of Sudan in achieving this historical result, which recognizes the significant effort, determination, and sacrifice by the people of Sudan towards political, religious, social and economic change in their country.
The effects on Sudan s designation for the past 27 years have been extensive. The designation has severely limited options of international economic assistance and effectively blocked financing or debt relief from the International Monetary Fund and the World Bank, even though trade sanctions against Sudan had substantially been lifted by the end of 2017. ....

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