NOTE 11 – SUBSEQUENT EVENTS

On July 8, 2015, the Company issued a promissory note with the interest rate of 7.0% per annum in the amount of $2,500 to the Charles Bream who is a Chief Executive Officer of the Company.

On June 19, 2015, the Company entered into the Agreement with “Centre For Geosciences Research Close Corporation”, a close corporation incorporated under the laws of Namibia, “CFGR”), whereby CFGR sold to African Graphite Inc. (AGI) the 10% of ownership (10 shares) of Gazania Investments Two Hundred and Forty Two (Proprietary) Limited, a corporation organized under the laws of the Republic of Namibia ("Gazania") for the amount of $15,000.