Avenira Limited, formerly Minemakers Limited, is engaged in the acquisition and development of the Baobab Phosphate Project in the Republic of Senegal (Baobab Phosphate Project). The Company's segments include exploration and development of the Wonarah Phosphate Project in the Northern Territory (Wonarah) located in Australia, and exploration and development of the Baobab Phosphate Project in the Republic of Senegal (Baobab) located in Africa. The Wonarah Phosphate Project hosts contained Phosphorus Pentoxide (P2O5) resources of any known phosphate deposit in Australia. Wonarah is located approximately 1,300 kilometers from the port of Darwin. The Baobab Phosphate Project is located in the Republic of Senegal. Baobab is a phosphate deposits hosted by Eocene rocks of the Senegal Sedimentary Basin. These deposits can be subdivided into two main groups on the basis of age, comprising early Eocene deposits from the Ypresian Epoch and middle Eocene deposits from the Lutetian Epoch.