CRITICAL RESOURCES LIMITED — Capital/Financing Update 2017

Sep 27, 2017

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28 September 2017

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

Additional Mining License Included in Kitotolo Lithium Project Acquisition

• Agreement reached with DRC state mining and exploration company La Congolaise d’Exploitation Miniere (Cominiere) to include an additional license area as part of the Kitotolo Lithium Project Acquisition;

• The new licenses area, Mining License PE 13247, is currently the subject of an application by Cominiere to be transformed from an Exploration License (PR - Permit de Reserche) into a 30 year Mining License (PE- Permit d’Exploitation);

• PE 13247 lies within the Kitotolo Lithium Project Exploration License PR 12453 and is considered by the Company and its technical consultants to be highly prospective for spodumene bearing pegmatites;

• A due diligence review of PE 13247 has already been undertaken with geological and structural mapping and trenching completed and a number of rock chip and channel samples despatched for preparation and for multi-element analytical determination; and

• PE 13247 is in addition to the Mining License referred to in the Company’s ASX Announcement dated 25 September 2017, where preliminary technical due diligence has also already been undertaken on outcropping pegmatites which are considered highly prospective for lithium bearing mineralisation.

Force Commodities Ltd ( Force or the Company ) (ASX Code: 4CE) is pleased to confirm that it has reached agreement with its proposed joint venture partner at the Kitotolo Lithium Project, DRC state-owned mining and exploration company La Congolaise d’Exploitation Miniere ( Cominiere SA ), to include an additional license area within the Kitotolo Lithium Project acquisition.

Under the terms of the Company’s existing binding Heads of Agreement, Force has agreed to acquire a 70% interest in both the Kitotolo and Kiambi Lithium Projects located in Tanganyika Province in the south east of the Democratic Republic of Congo ( DRC ) ( Acquisition ) (refer ASX Announcement 7 August 2017).

The Company and its proposed joint venture partner on the Kitotolo Lithium Project, Cominiere have now agreed to include a new license area, PE 13247 into the Acquisition.

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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The license area is currently the subject of an application by Cominiere to be transformed into a 30year Mining License (PE- Permit d’Exploitation).

PE 13247 lies within the Kitotolo Lithium Project area and Exploration Licenses PR 12453, and covers an area of approx. 28km[2] . PE 13247 is considered by the Company and its technical consultants to be highly prospective for spodumene bearing pegmatites

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----- Start of picture text ----- Mining License(under application)PE 13247KITOTOLO LITHIUM PROJECTCOMINIERE SA - JVExploration LicensePR 12453----- End of picture text -----

Figure 1 – The Kitotolo Lithium Project including Mining License PE 13247 (under application) and Exploration License PR 12453

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The new license area further consolidates the Company’s landholding around the Kitotolo Lithium Project area to over 400km[2] .

Force’s technical consultants, experienced geologist Mr James Sullivan and local Congolese and Cominiere geologists have, as part of the due diligence review of the Kitotolo Lithium Project already completed geological and structural mapping and trenching of the new license area.

A number of rock chip and channel samples have also been taken from pegmatitic exposures identified within PE 13247 and despatched to ALS in Lubumbashi and Johannesburg for preparation and for multi-element analytical determination to confirm spodumene mineralization. The Company believes that this additional license area is an important addition to the Company’s land holdings in the DRC.

The new license area, PE 13247 is in addition to the Mining License referred to in the Company’s ASX Announcement dated 25 September 2017, where further preliminary technical due diligence work has also been completed by the Company’s technical consultants. Further updates on this additional Mining License and the Company’s ongoing discussions with the license holders will be provided to shareholders in October 2017.

END

Contact:

Michael Fry

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

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Competent Person Statement

The information in this release 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 report of the matters based on information in the form and context in which it appears.

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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