Cameroon : The New Gold Market of Africa

YAOUNDE, CAMEROON – April 30, 2022 – Intercontinetal Miners Inc (ICM INC) (the
“Company”) a gold refining and commodity trading company announces audited financial results
for the three month and year ended December 31, 2021. All amounts are expressed in United States
dollars unless otherwise noted.
Operating and Financial Highlights – Quarter Ended and Year Ended December 31, 2021
Export Volumes – 2021 refined gold exports of 35,450 ounces compared to 130,245 ounces in the
comparable twelve-month period of 2020.
Revenue – 2020 revenue of $100.9 million ($5.58 per share) compared to $321.8 million ($17.86
per share) in the comparable twelve-month period of 2020.
Net Loss – 2020 net loss of $3.1 million or $0.17 per share as compared to a net loss of $646,557
or $0.04 per share the comparable twelve-month period of 2020.
The Company’s net loss totaled $1.6 million for the three months ended December 31, 2020, with
basic and diluted loss per share of $0.09. This compares with a net loss of $633,876 with basic and
diluted loss per share of $0.04 for the three months ended December 31, 2019.
For the year ended December 31, 2020, the company reported a net loss of $3.1 million with basic
and diluted loss per share of $0.17. This compares with a net loss of $646,557 with basic and diluted
loss per share of $0.04 for the year ended December 31, 2020.

Dr Omar Marafa, CEO commented “2020 was no doubt a challenging year. Operating and financial
results for the full year were disappointing after a strong start to the year. Management met the
challenge head on by reducing costs across the board and accelerated our plans to diversify and
by year end we entered the Copper and Diamonds concentrate and bulk commodity export
market. We remain committed to our business plan and goal of achieving significant market
penetration and growth in 2022 and beyond”.