TMP Templar Min.

Balme, Dorian L. (Dusty) Nicol and Vassilios Carellas, having consented to act, 
will become Directors with the positions on Admission set out below. As 
mentioned above, David Lenigas has with effect from 2 August 2010, resigned as a 
director of the Company and pending Admission, Charles Wood will be the Chairman 
of the Company. 
Directors 
Anthony Balme (aged 61), Chairman 
Mr Balme is chairman of Carter Capital Ltd since 1981, AMC Ltd and Lymington 
Underwriting, family companies engaged in insurance, property development and 
resource ventures. He has been a director of Forum Uranium Corp, a TSX.V quoted 
exploration since 2003 and was a non executive director of Vatukoula Gold Mines 
plc (formerly River Diamonds plc), an AIM listed resource company, for nearly 
four years until March 2008 and held office at the time of its original 
admission to AIM. He also joined the board of Far North Platinum in 2009, which 
is an early stage PGM exploration company operating in South Africa. 
He has extensive European and North American experience in finance, in 
particular in the resource sector where he has participated in a number of 
exploration and development stage ventures. He has been working on Ortac's 
exploration activities in Slovakia for over 5 years and has gained a broad 
understanding of the country and a liking for its people. 
He is a Chartered Accountant and qualified with Coopers & Lybrand in London. He 
has extensive commercial experience and in particular on the strategic 
development of businesses. 
Vassilios Carellas (aged 36),  Chief Executive Officer 
Vassilios is a geologist by profession with extensive experience gained in the 
mining and exploration industry in Central Asia. Prior to joining Ortac, he held 
the post of Managing Director of Kryso Resources plc from 2004-2009, an AIM 
listed company that he co-founded and which was admitted to AIM in 2004. As 
Managing Director, he was responsible for almost all facets of the business, 
from corporate and marketing functions through to the operational and technical 
aspects on the ground. Prior to co-founding Kryso, he has served as 
Vice-President Mining, General Manager, Chief Geologist and various other senior 
positions for two Canadian listed mining companies operating producing mines. He 
is a director of Panafric Ocean & Energy Limited and VC Resources Limited. He is 
a member of the Geological Society of South Africa and the Australian Institute 
for Mining and Metallurgy. 
Charles Wood (Charlie) (aged 35), Executive Finance Director 
Mr Wood holds a Bachelor of Commerce, a post graduate degree in Corporate 
Finance. Mr. Wood has 15 years' experience working in corporate positions across 
a range of industries including Agriculture, Resources and Banking. Mr Wood has 
worked in numerous jurisdictions in Africa, South America and Australia and has 
extensive experience in independent expert's reports, due diligence, capital 
raisings and mergers and acquisitions. Mr Wood was general manager corporate of 
Equatorial Palm Oil plc from May 2006 to its admission to AIM on March 2010. Mr 
Wood is founding director of Ragnar Capital Ltd, an independent London based FSA 
authorised broker providing advisory services, with a particular focus on the 
resource sector. Mr Wood was appointed an Executive Director of Templar in 
February 2009 and finance director in June 2010. 
Alastair Clayton (aged 38), Non-executive Director 
Mr Clayton is a qualified geologist with a post graduate diploma in Finance and 
Economics from the Securities Institute of Australia. Mr Clayton has over 13 
years experience in the mining and resources sector and has worked in Australia, 
Africa, Asia and Europe in both a technical and corporate capacity. From 2003 to 
2008 he was a director of Universal Coal plc (formally South China Resources 
plc) (previously traded on AIM). From 2006-2009 he was a non executive director 
of Bannerman Resources Ltd, a uranium development company that is currently 
completing a Bankable feasibility Study into the Etango Uranium deposit in 
Namibia (listed on the TSX and ASX). Mr Clayton has recently been appointed 
non-executive director of ASX and TSX listed, Extract Resources Ltd, a uranium 
development company operating in Namiba. He was appointed non executive director 
of Templar in February 2009. Mr Clayton is Chairman of the Audit and 
Remuneration committees. 
Dorian Loney (Dusty) Nicol (aged 53), Non-executive Director 
Mr Nicol has over 30 years of international experience in mineral exploration 
and mining. He is currently president and CEO of Tournigan Energy Ltd which is a 
Canadian uranium exploration and development company quoted on the TSX Venture 
Exchange and the Frankfurt Stock Exchange. His past positions include: executive 
vice president of exploration at Yukon-Nevada Gold Corp (TSX); CEO and before 
that vice president of Queenstake Resources Ltd (TSX); Vice president of Castle 
Exploration Zinc and Latin America manager for Canyon Resources Corp. He is a 
member of the American Institute of Professional Geologists, and a Fellow of the 
Society of Economic Geologists Resources Corp. Mr Nicol is a member of the Audit 
and Remuneration committees. 
Further details on the Directors is set out in Appenix 1 to this Announcement. 
Employees 
On Admission, the Enlarged Group will have 11 employees, in addition to the 
Proposed Directors joining the Board. 
Current trading and results for the 9 months ended 31 March 2010 
The Group published its audited consolidated financial statements for the year 
ended 30 June 2009 on 24 September 2009. Revenue for the financial year was nil, 
with finance revenue totalling US$20,000. The Group realised a loss of 
approximately US$15,000,000. 
The Company also announces that for the nine month period ended 31 March 2010, 
the Group generated revenue of nil, and realised a loss of US$782,000 and had at 
that date, net assets of US$2,670,000. Chapman Davis LLP, the Company's auditors 
and the reporting accountants, report on the 9 month period ended 31 March 2010 
is set out in Appendix 4 of Part A of this announcement. Further details on the 
financial position of the Group are provided in the Accountants' Report on the 
Group contained in Part IV of the Document. 
Ortac published its audited financial statements for the year ended 31 May 2009 
on 20 October 2009. Revenue for the financial year was nil, with finance revenue 
totalling GBP1,000. Ortac realised a loss of approximately GBP156,000. 
For the ten month period ended 31 March 2010, Ortac generated revenue of 
GBP17,000, with finance revenue of GBP8,000 and realised a gain of approximately 
GBP7 million and had at that date, net assets of GBP 8,207,305. The realised 
gain of US$7 million relates to negative goodwill which arose primarily because 
the book value of the historic exploration and evaluation assets acquired by 
Ortac are considered by the directors of Ortac to equate to their fair value and 
therefore no impairment is considered necessary on acquisition. Further details 
on the financial position of Ortac are provided in the Accountants' Report on 
Ortac contained in Part IV of the Document. 
Strategy and Future Prospects of the Enlarged Group 
The Company's near term strategy is to advance the Kremnica Gold Project through 
a preliminary scoping study and subject to the outcome of this study take the 
project through project financing. 
The Company's initial focus will be to engage Slovakian and international 
consultants to commence technical and economic modelling of the Kremnica Gold 
Project along with preliminary environmental and social impact assessments. 
The Directors believe that the combination of stringent cost controls, technical 
expertise combined with strong gold prices, and an established management team 
in place in Slovakia provides opportunities from the Kremnica Gold Project. 
Accordingly the Directors view the prospects of the Enlarged Group with 
confidence. 
Pro-forma Net Assets 
Set out in Part V of the Document is a pro forma statement of net assets of the 
Enlarged Group which shows net assets on Admission of US$18,737,000. Chapman 
Davis LLP, the Company's auditors and the reporting accountants, report on the 
Pro-forma net assets as at 31 March 2010 is set out in Appendix 4 of Part A of 
this announcement. 
The Pro-forma statement of net assets of the Group is set out in Part V of the 
Document. 
 
Lock-in and orderly market arrangements 
At Admission, the Directors and their connected parties (the "Locked-in 
Directors") will own 187,396,113 Ordinary Shares representing 11.38 per cent. of 
the Enlarged Share Capital and options to acquire a further 107,400,000 Ordinary 
Shares at a price of 1 penny per Ordinary Share. The Locked-in Directors have 
undertaken to the Company and Beaumont Cornish that they will not sell or 
dispose of, except in certain limited circumstances permitted under Rule 7 of 
the AIM Rules for Companies, any of their respective interests in Ordinary 
Shares at any time before the first anniversary of Admission following which 
there will be a twelve month orderly market arrangement on terms that any sale 
of Ordinary Shares will only take place following consultation with the Nomad 
and with the consent of the Directors. This undertaking is more particularly set 
out in the Lock-in Agreement signed by all of the respective parties. 
At Admission, certain shareholders (the "Locked-in Shareholders") will own 
118,308,926 Ordinary Shares representing 7.19 per cent. of the Enlarged Share 
Capital. The Locked-in Shareholders have undertaken to the Company and Beaumount 
Cornish that they will not sell or dispose of, except in certain limited 
circumstances permitted under Rule 7 of the AIM Rules for Companies, any of 
their respective interests in Ordinary Shares at any time before 1 January 2011. 
This undertaking is more particularly set out in the lock-in agreement signed by 
all of the respective Locked-in Shareholders. 
Admission, settlement and dealings 
Subject to the Acquisition being approved and the Scheme being implemented in 

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