CRITICAL RESOURCES LIMITED — Capital/Financing Update 2015

Jun 14, 2015

ASX Release 15 June 2015

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Sovereign Gold Company Limited ACN 145 184 667

June Market Update

• 3 Separate Drilling Programs scheduled

Level 2, 131 Macquarie Street Sydney NSW 2000 Tel: +61 2 9251 7177 Fax: +61 2 9251 7500

Contact Simon Bird MD

email: corporate@sovereigngold.com.au

Latest News

www.sovereigngold.com.au

Directors / Officers John Dawkins AO Simon Bird MD Michael Leu Bruce Dennis Jacob Rebek

• Fully Funded Gold Exploration Expanding

• Chinese consortium to commence funding exploration at the Mount Adrah Gold Project in late June. Drilling on multiple gold targets to commence late 3[rd] or early 4[th] Quarter

• Rocky River Uralla Goldfield. Sovereign’s Chinese JV partner is finalising a drilling program designed to test several targets commencing late July–early August. This is in addition to matching the NSW Government Cooperative Drilling Program grant of $65,000

• NSW Government Cooperative Drilling Program funding – Halls Peak

• Drilling to commence on the Halls Peak Zinc-Lead-CopperSilver Project in August 2015. NSW Government Cooperative Drilling Program funding contributing $90,500 of direct drilling costs

Sovereign Gold is pleased to advise that three separate drilling programs will be underway generating potential positive news across the company’s gold and zinc/base metal assets.

Mount Adrah Gold Project

ASX Symbol: SOC

Sovereign Gold Company Limited (ASX: SOC) has secured a funding agreement to progress exploration on EL 6372 (Mount Adrah Gold Project, ASX release 12[th] May 2015). A Chinese investment consortium can earn up to 50% through funding primarily contracted drilling programs. Upon meeting exploration expenditure of $1.5 million the consortium will earn a 45% interest in the Mount Adrah Gold Project; a further 5% can be earned upon expenditure of an additional $0.5 million (effectively valuing the asset at $10 million).

An Exploration Planning Committee consisting of both Sovereign Gold’s and the JV partner’s Geologists has been formed to select drill targets that include:

Qualifying Statements

The information in this Report that relates to Exploration Information is based on information compiled by Michael Leu who is a member of The Australasian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists.

Mr Leu is a qualified geologist and is a director of Sovereign Gold Company Limited.

Mr Leu has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Resources. Mr Leu consents to the inclusion in this announcement of the Exploration Information in the form and context in which it appears.

• Drilling the potential open cut portion of Hobbs Pipe 1 to more accurately constrain the grade and contained ounces of gold to a depth of 150 metres to support the scoping study on the project economics of developing an open cut gold mine to depth of 150 metres. The design of a conceptual open pit, stripping ratios, environmental base line studies and metallurgical studies are being reviewed to determine the feasibility of transitioning to a cash generating producer that can organically fund exploration. The Hobbs Pipe 1 Mineral Resource estimate[1] is 770,000 oz of gold (440,000 oz Indicated; 330,000 oz Inferred) within a total Mineral Resource estimate of 20.5 Mt at 1.1 g/t gold, at various cut-off grades

1 The information regarding the Mineral Resource is extracted from the report entitled “Hobbs Pipe Mineral Resource Update Additional Information” created 27[th] December 2013 and is available to view on www.sovereigngold.com.au/investors.htm. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.

ASX Release 15 June 2015 - Page 2

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• Testing the grade, width, lateral and vertical extent of known high grade gold structures including:

• Castor Reef: 2013 drilling - 10m @ 17.7g/t Au from 506m including 2m @ 59.4g/t Au from 514m were returned in hole GHD009 (ASX Release 28th October 2013)

• White Deer Reef: Hole GHD011 intersected a high-grade gold reef – the White Deer Reef that returned 1.2m @ 58.6g/t Au from 624m downhole (ASX Release 21st November 2013)

• Southern Cross Reef: Initial results have confirmed the high-grade reef potential within the historical workings. A 3.0m composite channel sample at SW end of the historic crosscut returned 3.0m at 7.22 g/t, including 2.0m at 9.81 g/t (ASX Release 22nd July 2014)

Shallow drilling is initially planned to follow gold-bearing structures along strike and down dip.

Further drill targets have been identified that may potentially host repetitions of Hobbs-like pipes.

Non-Renounceable Rights Issue

A non-renounceable rights issue to Eligible Shareholders, on the basis of 1 new fully paid ordinary share for every 1 share held, at an issue price of $0.002 per share to raise approximately $790,000, based on Sovereign Gold’s undiluted share capital is open.

The rights issue closes at 5:00 pm Sydney time on 3 July 2015.

Sovereign Gold encourages all Eligible Shareholders to participate in the capital raising.

Sovereign Gold Company Limited – Key Assets

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Mount Adrah Gold Project

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For further information please contact:

Simon Bird, Managing Director or Henry Kinstlinger, Investor Relations

Sovereign Gold Company Limited, Telephone: +61 2 9251 7177