CRITICAL RESOURCES LIMITED — Capital/Financing Update 2017

May 24, 2017

==> picture [119 x 68] intentionally omitted <==

25 May 2017

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

Electronic lodgement

Mt Adrah Gold Project Update

• Drill rig on site

• Drilling to commence following induction and site set-up

• Road access and drill pad preparation completed

• Drilling to test potential for high grade vein mineralisation near to surface

Force Commodities Ltd ( Force or the Company ) (ASX Code: 4CE) hereby advises that the drill rig has arrived on site and that drilling will commence following site inductions and site set-up.

As previously advised the drill program will target potential high grade mineralisation below White Deer Reef’s historic surface workings (which include shafts, adits and pits), and above a high-grade intersection of 1.2 metres at 58.6 g/t Au from 624 metres downhole, being approximately 550 metres vertically beneath the historic surface workings, which was intercepted in the 2013 program (drill hole GHD011).

The White Deer Reef is located approximately 400 metres NE of the Hobbs Pipe gold deposit.

The White Deer Reef is interpreted to be derived from the same mineralising event as Hobbs Pipe, which has a JORC 2012 total inferred and indicated resource of 770,000 ounces of gold (20.5 million tonnes at 1.1 g/t) – refer ASX announcement dated 27 December 2013 “Hobbs Pipe – Mineral Resource Update Additional Information” .

The program will also target other potential reefs and veins with no surface expression between Hobbs Pipe and White Deer Reef.

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 12 145 667 885 | ASX:4CE

==> picture [119 x 68] intentionally omitted <==

Diagram 1 below shows a plan view of the White Deer Reef drill plan overlaid with the 2013 diamond drilling intercepts; and the spatial relationship between Hobbs Pipe and the White Deer Reef.

==> picture [468 x 283] intentionally omitted <==

Diagram 1: Aerial View - White Deer Reef Target / Hobbs Pipe Deposit

Geology

As stated above, the White Deer Reef is interpreted to be derived from the same mineralising event as Hobbs Pipe. The Hobbs Pipe deposit mineralisation is present as quartz stockwork veins and disseminated sulphide.

Drill Program

The upcoming White Deer Reef drilling program has been modified from the original design to account for access and to minimise environmental disturbance.

Gold bearing vein mineralisation in GHD009 was reported to intercept 2 metres at 28.4 g/t Au from 506 metres downhole and 2 metres at 59.4 g/t Au from 514 metres downhole; and is interpreted as being a separate vein. It will be the subject of testing as part of Phase Two.

For enquiries please contact:

Alistair Stephens Executive Director Ph: +61 9328 9368

2

==> picture [119 x 68] intentionally omitted <==

Competent Person Statement

The information in this report that relates to Mineral Resources in relation to the Mt Adrah Gold Project is extracted from an ASX Announcement dated 27 December 2013, (see ASX Announcement “Hobbs Pipe – Mineral Resource Update Additional Information”, www.forcecommodities.com.au and www.asx.com.au).

The information in this report that relates to Exploration Results in relation to the Mt Adrah Gold Project is extracted from an ASX Announcement dated 28 October 2013 , (see ASX Announcement “Mt Adrah New High Grade Gold Discovery”) and from an ASX Announcement dated 21 November 2013, (see ASX Announcement “Bonanza hit of 1.2m @ 58.6 g/t Au confirms multiple high-grade structures at Mount Adrah”) and from an ASX Announcement dated 27 July 2016, (see ASX Announcement “Mt Adrah Gold Project Targets High Grade Gold Potential”), all of which are available for viewing at www.forcecommodities.com.au and/or www.asx.com.au ).

The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the Exploration Results or Minerals Resource 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 represented have not been materially modified from the original market announcement.

Forward Looking Statements

This announcement may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Force’s planned exploration programmes and other statements that are not historical facts. When used in this announcement, words such as couldplan-target-estimate-expect-intend-may-potential-should and similar expressions ae forwardlooking statements. Although Force believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.

3