 and on August 1, 2012, issued Supreme Decree No.1308 nationalizing the Malku Khota project.On October 23, 2012, the company’s wholly owned subsidiary, South American Silver Limited (“SASL”), delivered a formal letter to the Bolivian government notifying it of an investment dispute between SASL and Bolivia.The oral hearing (the “Hearing”) in South American Silver Limited’s international arbitration against the Plurinational State of Bolivia (“Bolivia”) for the expropriation of the Malku Khota project, held at the World Bank’s premises in Washington, D.C., USA under the administrative authority of the Permanent Court of Arbitration, concluded, after nine hearing days, on Thursday, July 21, 2016.