First Tidal Acquisition Corp T.AAA

NOVA

[Doctor_Lang]

The 2013 resources represent a significant increase over the 2012 Mineral Resources of more than 85% for M+I categories.


The resources outlined above are located on only about 75% of the land area on Allana's property and are based on 88 drill holes on the Allana property (see Fig.2). Additional exploration drilling is underway and is scheduled to be completed in Q3, 2013.

In addition to the strong and promising technical aspects of the project, the Ethiopian government is strongly supporting mining initiatives in the country. Allana has had advanced discussions with the Minister of Transportation, Minister of Mines and the Minister of Defense regarding infrastructure improvements in the Danakil region which would greatly enhance the economics of the projects. Road construction is underway to link the Dallol area to Afdera where paved roads provide access to Djibouti. Ethiopia has also received financial commitments from China and India to construct some 5,000 km of railway in the country including access to the Danakhil potash region. Allana's relationship with the Ethiopian government is very strong and will greatly assist rapid advancement of the project. On October 9, 2013, the company was granted and received its mining license from the Ethiopian government for its solution mining project and is actively pursuing its project debt and equity funding requirements.