CRITICAL RESOURCES LIMITED — Board/Management Information 2017

Oct 16, 2017

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17 October 2017

ASX Announcements Office 152–158 St Georges Terrace Perth WA 6000 Australia

Key Executive and Board Appointments to Advance Lithium Projects

• Three key senior appointments to strengthen the Company’s management capabilities and new focus on its DRC Lithium Projects

• Experienced geologist, Mr James Sullivan appointed as Head of Exploration to manage and implement the Company’s proposed lithium exploration and drilling programs

• Congolese mining executive Mr Makonga Ngoy “Gedeon” Pelesa appointed to the Board as a non-executive director to strengthen the Company’s in-country representation

• Contract with Chief Financial Officer/Company Secretary, Mr Michael Fry, renewed given his overseas company experience which is considered a significant asset for the Company

• Resignation of Mr Patrick Glovac from the Board having overseen Company transition and introduction of new management team

• The appointments and increased technical and administrative capabilities are considered critical to support the Company’s proposed aggressive exploration and development plans at its DRC Lithium Projects.

Force Commodities Ltd ( Force or the Company ) (ASX Code: 4CE) is pleased to announce that it has completed a significant expansion of its Board of Directors and executive management with the appointment of three key senior personnel in roles that materially strengthen the Company’s management and in-country technical capabilities and credentials.

The Company is pleased to confirm the appointment of Mr James Sullivan as Head of Exploration, to lead the Company’s exploration activities at its DRC Lithium Projects, with an immediate focus on the Kitotolo Lithium Project.

Mr Sullivan is a professional geologist with 20 years’ experience, and who was initially engaged by the Company to undertake an independent due diligence assessment of the Kitotolo and Kiambi Lithium Projects. Mr Sullivan has now agreed to accept an ongoing role with the Company to manage and implement the proposed exploration activities of the Company in the DRC.

Force Commodities Ltd | 137 Lake Street, Northbridge, WA, 6003 | PO Box 1811 West Perth WA 6872 | P: +61 8 9328 9368 F: +61 8 6323 0418 | web:forcecommodities.com.au | Email: admin@forcecommodities.com.au | ABN 12 145 184 667 | ASX:4CE

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Prior to his role with the Company, Mr Sullivan was engaged as Project Due Diligence Supervisor for ASX listed AVZ Minerals. Based in Manono, Mr Sullivan was involved with the full range of mineral due diligence assessments of the historical Manono-Kitotolo Pegmatite.

Commenting on the appointment of Mr Sullivan, director Mr Jason Brewer stated:

“ James is a highly competent, experienced and respected geologist and one of very few that has worked on the Manono-Kitotolo Pegmatite. He is in high demand, particularly from a number of companies that are looking to quickly enter the lithium and cobalt sector in the DRC.”

“The appointment of James by Force is a bold statement of our intent, and both a sign of his commitment to the Company and a demonstration of his belief in our projects. This appointment now allows us to move forward quickly and focus on the areas of greatest potential.”

Mr Sullivan’s immediate focus will be on the scheduling and budgeting of the Company’s maiden exploration program at the Kitotolo Lithium Project which is proposed to include trenching, test pitting and auger drilling to sample and assay the fresh spodumene in pegmatite and to determine the depth and strike extensions of the pegmatites, which are open in all directions and are considered to potentially extend for several kilometres along a NE-SW trend. This proposed exploration program will initially focus on the area surrounding a large artisanal pit where work has already identified spodumene in weathered pegmatite which has been assayed and returned high-grade lithium mineralisation.

The Company is also pleased to confirm the appointment of mining executive, Mr Makonga Ngoy “Gedeon” Pelesa to the Board as a non-executive director and the Company’s in-country representative. Mr Pelesa is a mining engineer (M.Eng (Mining) Lumbumbashi University), with over 10 years’ experience in mineral exploration projects including senior roles as Logistics Manager and Site Manager for Xstrata and Glencore in the Republic of Congo. Mr Pelesa is currently Country Director for ASX-listed and DRC gold focused company Vector Resources Limited.

Commenting on the appointment, Mr Brewer stated:

“ To operate effectively in the DRC requires a strong in-country team and the support of highly experienced local partners. I am particularly pleased that Gedeon has agreed to accept Force’s invitation to join the Company’s Board.”

“He is a very impressive individual who I have had the opportunity to observe closely over the past year in his role with Vector Resources in the DRC. I know from experience that his appointment will be of great benefit to Force.”

In addition to these new appointments, the Company has also renewed arrangements with current Chief Financial Officer and Company Secretary, Mr Michael Fry. Mr Fry is highly experienced in the financial and executive management of public companies particularly those operating in overseas and remote locations.

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Mr Fry has held similar roles with ASX listed companies Swick Ming Services Limited and Cougar Metals NL and is a non-executive director of VDM Group Ltd. Mr Fry is also Finance Manager and Company Secretary of Globe Metals & Mining Limited who have their primary asset in nearby Malawi.

With shareholders supporting the acquisition of the DRC Lithium Projects and following the new Board and executive appointments, Mr Patrick Glovac has resigned as a director. The Company wishes to thank Mr Glovac for his energy and hard work and effort, particularly during the past six months where he has worked tirelessly to re-position the Company. Mr Glovac will continue as a consultant to the Company until 31 December 2017 to enable an orderly transition to the new management team.

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Contact:

Michael Fry Company Secretary Force Commodities Limited Tel: +61 (0)8 9328 9368

Forward looking statements

Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.

Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance and achievements to differ materially from any future results, performance or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licences and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.

Forward looking statements are based on the Company and its management’s good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company’s business and operations in the future. The Company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the Company’s business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company’s control.

Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in forward looking statements, there may be other factors that could cause actual results, performance, achievements or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the Company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the company does not undertake any obligation to publicly update or revise any of the forward looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based.

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