CRITICAL RESOURCES LIMITED — Capital/Financing Update 2017

Apr 3, 2017

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4 April 2017

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

Electronic lodgement

Mt Adrah Gold Project Update

• Site visit currently underway to finalise plans for upcoming drill program

• Drill program to test depth and strike of White Deer Reef

• Potential for high grade vein mineralisation near to surface

• Drill program anticipated to commence in May 2017

• Sufficiently funded with $1.1 million in cash to fund exploration

Force Commodities Ltd ( Force or the Company ) (ASX Code: 4CE) is currently undertaking field drillsite validation to finalise its plans to test the high grade White Deer Reef at the Mt Adrah Gold Project.

The drilling program will comprise 1,300 metres of diamond drilling and is anticipated to commence in May 2017.

The White Deer Reef is located approximately 400 metres NE from the Hobbs Pipe gold deposit and the drill program is designed to define additional resources in near surface narrow high grade veins.

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 drill program will target high grade mineralisation below White Deer Reef’s historic surface workings, including shafts, adits and pits, and above a high-grade intersection of 1.2 metres at 58.6 g/t Au from 624 metres downhole intercepted in the 2013 program (drill hole GHD011). This intersection is located approximately 550 metres vertically beneath the surface workings. The program will also target other reefs 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

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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.

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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 is hosted by a monzodiorite with gold located in stockwork veins and disseminated sulphide. The monzodiorite is in contact with a metamorphosed sedimentary sequence to the north which is intensively hornfels altered near the monzodiorite contact then progressively less altered further from the contact. Gold mineralisation associated with quartz veining has been identified in the hornfels sediment and associated with chlorite alteration in the metasedimentary units.

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Drill Program

The upcoming White Deer Reef drilling program will be conducted in two phases.

Phase One: to target vein mineralisation between surface and 150 metres, over a strike length of approximately 200 metres.

Phase Two: to test the projected reef position at the approximate mid-point between surface drilling intercepts and the 2013 intercept in GHD011 (of 1.2 metres at 58.6 g/t Au from 624 metres downhole); as projected in Diagram 2 below. This collar position will also test other potential gold bearing veins between the Hobbs Pipe and White Deer Reef that don’t have surface expressions.

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.

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Diagram 2: White Deer Reef – Drill Target

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Qualifying statements

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 – 27 December 2013 “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 – 28 October 2013 “Mt Adrah New High Grade Gold Discovery”) and from an ASX Announcement dated 21 November 2013, (see ASX Announcement – 21 November 2013 “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 – 27 July 2016 “Mt Adrah Gold Project Targets High Grade Gold Potential”), and 28 October 2013 “Mt Adrah new high grade gold discovery at Castor Prospect” 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.

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