Britannia Mining Inc. announced that the company begun taking steps to advance its MOU with Central East African Railways (CEAR) initially securing rail transportation and bulk cargo services for 720,000MT of Britannia's proposed Iron Ore extractions. The company anticipates developing its MOU, which currently affords Britannia an approximate annual hauling value of $80 million - $100 million, transposing the understanding between the two companies, into a full and commercial agreement.