CRITICAL RESOURCES LIMITED — AGM Information 2018

May 24, 2018

Accelerating high grade lithium production in Africa Annual General Meeting 2018, 25 May 2018

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DISCLAIMER

• This presentation has been prepared by Force Commodities Limited based on information from its own and third party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submission, despatch or provision of this presentation, or takes any responsibility for, or makes or purports to make any statements, representations or undertakings in this presentation.

• Certain statements contained, including information as to the future financial or operating performance of the Company and its projects, are forward looking statements. Such forward looking statements: a) are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties; b) involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward looking statements; and c) may include, among other things, statements regarding estimates and assumptions in respect of prices, costs, results and capital expenditure, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions.

• The Company disclaims any intent or obligation to publicly update any forward looking statements, whether as a result of new information, future events or results or otherwise. The words “believe”, “expect”, “anticipate”, “indicate”, “contemplate”, “target”, “plan”, “intends”, “continue”, “budget”, “estimate”, “may”, “will”, “schedule” and similar expressions identify forward looking statements.

• All forward looking statements contained are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein. The presentation does not purport to be all inclusive or to contain all information about the Company.

• This presentation is not a prospectus, disclosure document or other offering document under Australian law or under any other law. It is provided for information purposes and is not an invitation nor offer of shares for subscription, purchase or sale in any jurisdiction.

• Take care to question and carefully evaluate any judgments you might make, on the basis of the presentation, as to the value of Force and its securities. This presentation is not intended to provide the sole or principal basis of any investment or credit decision or any other risk evaluation and may not be considered as a recommendation by Force or its officers. Any investor reading the presentation should determine its interest in acquiring securities in Force on the basis of independent investigations that it considers necessary, prudent or desirable. Force and its officers do not accept any liability for any loss or damage suffered or incurred by any investor or any other person or entity however caused (including negligence) relating in any way to this presentation including, without limitation, the information contained in it, any errors or omissions however caused by any other person or entity placing any reliance on the Presentation Materials, its accuracy or reliability.

FORCE COMMODITIES LIMITED

ASX listed lithium focused exploration and development company

• ❖ Strategy to accelerate high-grade lithium projects to production

• ❖ Board and management team strengthened and focused on Africa

• ❖ Majority interests now held in two lithium joint ventures:

  • ❖ Kitotolo Lithium Project

  • ❖ Kanuka Lithium Production Project

• ❖ Granted mining and exploration licenses of over 1,250km[2] secured in a new ‘world-class’ lithium region in south-east of the DRC

• ❖ Options to acquire majority interests in two contiguous projects

• ❖ Strong joint venture partners with proven track record in the DRC

• and in mine development

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• ❖ Funded through next phases of exploration and development with initial 20,000m AC/RC drilling program commencing early – mid June

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CORPORATE SNAPSHOT

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419M $24M
issued shares [1] Market cap @5.8cshares
41.3M $2.53M
options outstanding [1] Cash @30 Apr 2018
2c - 17c $1.52M
12-month price range in-the-money options
+ 200% $1.1M
12-month performance listed investments
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DIRECTORS/ KEY MANAGEMENT

David Sanders, Non-Executive Chairman Jason Brewer, Managing Director Gedeon Pelesa. Non-Executive Director Michael Fry, CFO and Company Secretary James Sullivan, Head of Exploration

KEY PROJECTS AND INVSTMENTS

Kitotolo Lithium Project - 70% Kanuka Lithium Production Project – 51%

9.25% shareholding in ASX:MQR

Non-core NSW Projects - 100%

1 – 41.3M options at $0.032 to $0.08 expiring 30 June 2019 to 1 July 2020; if all exercised will realise additional $1.52m cash

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WORLD CLASS LOCATION FOR LITHIUM

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PROVEN LITHIUM PEGMATITES

Work completed at Kitotolo and Kanuka Lithium Projects has quickly confirmed high grade lithium potential

❖ Projects located in the same geological setting at AVZ Minerals Manono Lithium Project

❖ Mapping within the areas has established the presence of significant occurrences of pegmatite exposures ❖ Trenching and pitting confirmed lithium mineralisation

❖ Continuous pegmatite exposures have been identified

extending in excess of 3km on a NE-SW trend, and in places in excess of over 400m wide

❖ Pegmatites appear open in all directions and to extend for possibly up to several kilometres along NE-SW trend. KANUKA LITHIUM PROJECT ❖ Assays of highly weathered shallow material reported high grade lithium including 2.12% Li20 and 1.93% Li20.

KANUKA PROJECT HIGHLIGHTS

• ❖ Joint venture agreement executed in March 2018 for 51% interest in production focused Kanuka Lithium Production Project

• ❖ JV partner, Mining Mineral Resources SPRL (MMR) is an experienced operator with 19 operating mines in the DRC

• ❖ Pegmatite mapped on NE-SW trend, extending for +3km in length and +400m in width; exposed at surface by tin and tantalum mining operations

• ❖ Technical due diligence program successfully completed and reported high grade lithium mineralisation in the pegmatite including 2.12% Li20 and 1.93% Li20

• ❖ Additional pegmatite bodies parallel to the main pegmatite body extending for +2km in length and +200m in width

• ❖ Maiden drill plan finalised and to commence early-mid June 2018

• ❖ Project development will benefit from the excellent infrastructure of an established mining operation, with power, mine camp and offices as well as its own airstrip

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KANUKA LOCATION, TENURE, ACCESS

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Exploration Licence PR4100 and Mining License PE13082

Accessible by road, air with regular service from Lubumbashi, dedicated airstrip at Kanuka servicing existing mine site, road being upgraded

Excellent Infrastructure with well established mining operation, with power, water, mine camp and offices

Existing logistics with JV partner with broad logistics capabilities in the region and well established and proven capabilities

Well equipped with on-site equipment and mining fleet and mine/exploration support services to increase operating efficiencies, reduce costs and accelerate exploration and study work timeframes

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Project area covers approx. 194 km [2]
 Granted mining and exploration licenses
 Located 5km South of AVZ’s ‘world-class’
“Manono” lithium project and 20kms East
of Company’s Kitotolo Lithium Project
 Developed as an alluvial tin and tantalum
mining operation exporting to international
markets
 Approx 500kms due north of Lubumbashi
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PROVEN JOINT VENTURE PARTNER

MMR, Mining Mineral Resources operates a series of tin, tantalum and tungsten mining and exploration and processing operations throughout the DRC.

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MMR is part of the Vin Mart Group a diversified mining, metals and trading group that has operated successfully in the DRC since 1997, with existing copper, cobalt, tantalum, tin and tungsten mines and processing plants.

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One of DRC’s Tin Industry Leaders working closely with iTRi, and has been instrumental in the on-going success of the program in the DRC, supplying ICGLR-certified conflict free “3T” minerals to the international marketplace.

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ESTABLISHED MINING COMPANY

• ❖MMR operate an established tin and tantalum mining and processing operation at Kanuaka

• ❖Conventional open pit mining operations focused on the alluvial sand layers that host the cassiterite and columbite (minerals that are typically coincidental with lithium mineralisation)

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• ❖Mined material is fed into a recently expanded processing plant which produces tin and tantalum concentrates

• ❖MMR in conjunction with the iTRi exports ICGLR-certified tin and tantalum concentrates to international markets exports

• ❖Current and historic mining has exposed a number of pegmatites, with one in the current main mining area being in excess of 3kms long and greater than 400m in width

• ❖Pegmatites are open along strike on a NE-SW trend and are typical of other pegmatites identified in the region by other exploration companies

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ESTABLISHED MINING COMPANY

ESTABLISHED MINING COMPANY

ESTABLISHED MINING COMPANY

ESTABLISHED MINING COMPANY

PHASE 1 KANUKA DRILLING PROGRAM

4,000m drill program testing Main Pegmatite and one of three newly identified major parallel pegmatites

• ❖ Initial auger drilling program ongoing and AC/RC drilling to commence in early-mid June

• ❖ Targeting strike continuity of the Main Pegmatite exposed and in the current main mining area at Kanuka, with additional drilling to target the newly identified parallel pegmatite exposures and their strike extensions

• ❖ 5 drill fences for a combined 50-hole (3,000m) AC/RC program drilling, plus 2 drill fences for a combined 20-hole auger program, plus a 1,000m diamond drilling program to follow

• ❖ 37 AC/RC holes planned for the Main Pegmatite

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• ❖ 20 auger holes and 13 AC/RC holes planned for one of three parallel pegmatite exposures, the West Pegmatite, that is located approx. 2km NW of Main Pegmatite and extends +2km long and +200m wide and remains open

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PHASE 1 KANUKA DRILLING PROGRAM

Drill program testing continuity of the Main Pegmatite and the newly identified parallel pegmatite bodies and previously reported high grade lithium results of up to 1.93% Li20

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MAIN PEGMATITE DRILLING

Main Pegmatite has been mapped in excess of 3kms in length and in areas has been mapped to be greater than 400m in width and remains open along strike on the regional NE-SW trend

• ❖ AC/RC to commence drilling here in June 2018

• ❖ Four drill fences at the Main Pegmatite

• ❖ Fence 1 comprising 16 AC/RC holes across the approx. 400m mapped width extent in the NE area

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• ❖ Fence 2 comprising 7 AC/RC holes across the approx. 200m mapped width extent in the SW area

• ❖ Fence 3 comprising 7 AC/RC holes across the approx. 200m mapped width extent in the SW area

• ❖ Fence 5 comprising 7 AC/RC holes to be drilled across an exposed pegmatite SE of the main mining area and believed to be part of the Main Pegmatite

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WEST PEGMATITE DRILLING

West Pegmatite is one of a number of major new pegmatites lying parallel to Main Pegmatite

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TESTING HIGH GRADE LITHIUM

Mapping and sampling results suggests the area is host to a series of parallel and NE-SW trending pegmatite bodies

• ❖ West Pegmatite located 2km NW of Main Pegmatite and extends +2km long and up to 200m wide and remains open.

• ❖ The Phase 1 drilling program will include one drill fence of 13 AC/RC and two drill fences of 20 auger holes.

• ❖ Fence 4 comprising 13 AC/RC holes to be drilled test strike continuity south of the West Pegmatite

• ❖ Fence 6 and 7 comprising a minimum 20 auger holes to be drilled across the up to 200m mapped width extent in the northern area and southern areas of the West Pegmatite

• ❖ Area is actively being mined by artisanal miners focused on the shallow alluvials, containing tin and tantalum mineralization

• ❖ Previous due diligence by the Company to the south of this area returned lithium values of up to 1.93% Li2O

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PROVEN LITHIUM PEGMATITES

Work completed at Kitotolo and Kanuka Lithium Projects has quickly confirmed high grade lithium potential

❖ Projects located in the same geological setting at AVZ Minerals Manono Lithium Project

❖ Mapping within the areas has established the presence of significant occurrences of pegmatite exposures

❖ Trenching and pitting confirmed lithium mineralisation

❖ Continuous pegmatite exposures have been identified

extending in excess of 3km on a NE-SW trend, and in places in excess of over 400m wide

❖ Pegmatites appear open in all directions and to extend for possibly up to several kilometres along NE-SW trend. KITOTOLO LITHIUM PROJECT ❖ Assays of highly weathered shallow material reported high grade lithium including 2.12% Li20 and 1.93% Li20.

KITOTOLO PROJECT HIGHLIGHTS

• ❖ Joint venture agreement executed in December 2018 for

• 70% interest in Kitotolo Lithium Project

• ❖ JV partner, Cominiere is a state-owned mining company with several other joint ventures in the region – AVZ/Tantalex

• ❖ Along-strike from AVZ’s world-class Manono Project and within the same geological setting

• ❖ Project area contains number of historical artisanal workings, focussed on cassiterite and columbite-tantalum mining

• ❖ Initial due diligence investigations confirmed spodumene in pegmatites across significant areas within the project area

• ❖ Assays from rock and channel samples confirmed high grade lithium mineralisation of + 2.00% Li O 2

• ❖ Test pitting and trenching confirmed continuous strike pegmatite interpretations along the NE/SW orientation in excess of 1 km and open in these directions

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KITOTOLO LOCATION, TENURE, ACCESS

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Comprises Exploration Licence PR12453 & Mining License PE13247

Accessible by road, air with regular service from Lubumbashi to Kitotolo and road upgrades underway

Good infrastructure with airport, hospital, and solar power plant operational

Low Population Density estimated at ~30,000

Main Industry is Subsistence Agriculture

Government and Community supportive of Mining

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Project area covers approx. 400 km [2]
 Project located 40km SW of AVZ’s ‘world-
class’ “Manona” lithium project.
 ~500kms due north of Lubumbashi, the
capital of the Katanga Province in the
south of DRC
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KITOTOLO PROJECT GEOLOGY

Lithium-rich LCT deposit (lithium, caesium, tantalum) style mineralisation

• ❖ Historical records suggest that the pegmatite field extends over 500km from Kolwezi in the south-west to Kalemie in the north-east

• ❖ Force’s Kitotolo Project interpreted to overlay a large section of the pegmatite field

• ❖ AVZ Minerals has quickly demonstrated the ‘world-class’ lithium potential of the region

• ❖ Pegmatites in the field typically follow a well defined orientation

• ❖ Pegmatites demonstrated to extend for several kilometres long and hundreds of metres wide

• ❖ Pegmatites are observed across significant areas of the Kitotolo Project Area

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Along strike from AVZ’s ‘world-class’ Manona Lithium Project, which
is considered to be potentially one of the largest lithium-rich LCT )
deposits in the world.
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KITOTOLO EXPLORATION RESULTS

• ❖ Initial 43 test pits completed and 42 samples taken

• ❖ Further 9 trenches completed over pegmatite outcrops for an additional 153 trench samples

• ❖ In-situ and fresh spodumene observed in exposed pegmatites in test pits and trenches and from broader 500m and 1km step outs from existing Katamba Pit

• ❖ Test pits and trenches confirm pegmatite extending well in excess of an initial 1km strike length, that remains open towards NE and SW directions and down dip and dipping progressively shallower to the NE

• ❖ Step out test pitting from completed trenches identified pegmatites and confirmed continuous strike interpretations along the NE/SW orientation

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CONFIRMED WIDESPREAD LITHIUM

• ❖ Assays confirmed presence of widespread pegmatitehosted lithium mineralisation near surface and in an inferred structural corridor, 40km along-strike of AVZ Minerals 'world-class' Manono Lithium Project.

• ❖ Results further confirmed the continuous strike interpretations along the NE/SW orientation and reinforced the regional pegmatite orientation across the Project.

• ❖ Trenching results included 10m@0.25% Li20 (1m@0.53% Li2O Trench #1); 20m@0.21% Li2O (1m@0.67% Li2O and 1m@0.52% Li2O Trench #2); and 21m @ 0.26 % Li2O (4m@0.50% Li2O and 4m@0.34% Li2O Trench #8).

• ❖ Assay sample grades are considered to be indicative of near surface and highly weathered pegmatite and are consistent with the regional structures and support the significant potential for the Kitotolo Lithium Project to host significant pegmatite-hosted high-grade lithium mineralisation in the fresh rock.

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KANUKA EXPLORATION PLANS

March Quarter 2018

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✓ Formalisation of Joint Venture
✓ Commencement of maiden lithium exploration program at Kanuka
✓ Detailed mapping and sampling to determine extent of exposed
pegmatites that have already identified on the license areas
✓ Appointment of drilling contractor
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June Quarter 2018

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❖ Commencement of drilling with progressive results from initial
auger and 3,000m AC/RC program at Kanuka
❖ Second phase exploration program to commence with follow up
trenching and sampling
❖ Commencement of 1,000m diamond drilling program
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Sept and Dec Quarters 2018

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❖ Results from second phase exploration work and
❖ Initial drilling program results confirming extent of lithium
mineralisation and grades of pegmatites
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KITOTOLO EXPLORATION PLANS

March Quarter 2018

June Quarter 2018

Sept and Dec Quarters 2018

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✓ Assay results from initial Phase 1 Exploration Program
✓ Finalisation of Phase 1 Pitting and Trenching work at Kitotolo
✓ Expansion of geological team with additional Congolese geologists
retained to expand regional mapping and sampling program
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✓ Drilling contractor appointed for commencement of maiden drilling
program to confirm extent of pegmatites
✓ Mobilisation to site and commencement of drilling activities
❖ Phase 2 Exploration Program with additional trenching and pitting
on regional scale
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❖ Initial drilling program results and performance
❖ Results from second phase exploration work and
❖ Confirmation of lithium mineralisation and grades of pegmatites
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POSITIONED TO DELIVER IN 2018

Force is well funded to deliver on all its plans in 2018

• ❖ A well resourced and strong technical and exploration team

• ❖ Established joint venture partnerships provide improved logistics support and access to an excellent mining and exploration infrastructure

• ❖ Aggressive exploration and development plans commenced

• ❖ 20,000m drilling program awarded and underway initially at

• Kanuka and then at Kitotolo

• ❖ Kanuka Lithium Production Project offers a very early and fast-tracked lithium mine development opportunity

• ❖ Company working towards accelerate development decision at Kanuka Lithium Production Project

• ❖ Drilling of Kitotolo Lithium Project brought forward to quickly define extent of pegmatites and lithium mineralisation

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Thank you Any Questions?

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COMPETENT PERSON STATEMENT

• The information in this presentation that relates to sampling techniques and data, exploration results, geological interpretation and Exploration Targets, Mineral Resources or Ore Reserves has been compiled by Mr James Sullivan is a member of the Australian Institute of Geoscientists. Mr Sullivan is engaged by Force Commodities as a consultant geologist.

• Mr Sullivan has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Sullivan consents to the inclusion in this presentation of the matters based on information in the form and context in which it appears.