CRITICAL RESOURCES LIMITED — M&A Activity 2013

Mar 14, 2013

ASX Release 15[th] March 2013

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Sovereign Gold Company Limited ACN 145 184 667

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

Gossan Hill Gold Acquisition – Acceptances reach 91%

• 29,050,000 shares have accepted into the Gossan Hill Offer representing 90.78% of the issued capital of Gossan Hill

• Gossan Hill Gold directors have recommended the Offer

Contact Michael Leu CEO

email: mleu@sovereigngold.com.au

On 12 March 2013 Sovereign Gold Company Limited (Sovereign Gold) announced an offer to acquire all the issued capital of Gossan Hill Gold Limited (Gossan Hill).

The offer is subject to a number of Conditions:

Latest News www.sovereigngold.com.au

Directors / Officers John Dawkins AO Michael Leu Peter Meers Jacob Rebek

• i) at least 80% of Gossan shareholders accepting the identical terms of this agreement; and

• ii) the due diligence of Gossan being undertaken by Sovereign Gold is determined by Sovereign to be satisfactory.

The 80% minimum acceptance condition has been met.

ASX Symbol: SOC

• Sovereign Gold has determined analogy to 32Moz Donlin Creek, Alaska IRGS system

• Unique strategic partnership with Chinese SOE

• Sovereign Gold holds an 81.26% interest in Precious Metal Resources Ltd (ASX: PMR)

• Sovereign Gold has made an Offer for Gossan Hill Gold Limited

• PMR is conducting exploration at Halls Peak, NSW, which is the inferred volcanic centre for extensive small but high grade Volcanic Massive Sulphide (VMS) deposits rich in copper, lead, zinc and silver, with variable but largely untested gold values

• PMR has identified a potential large SEDEX deposit under the Halls Peak project area

1 Includes $10 million funding into Precious Metal Resources Limited (PMR). Sovereign Gold owns 81.2% of PMR.

Sovereign Gold’s CEO Michael Leu commented: “We are delighted to have received such strong acceptances for the acquisition of Gossan Hill so quickly.

“Due diligence is well advanced with strong support being provided by Gossan Hill directors and we look forward to moving ahead to advance exploration at Mt Adrah as soon as possible.”

Completion must occur no later than the later of:

• i) 14 days after receipt of this signed agreement; and

• ii) the satisfaction or the waiver of the Conditions.

Further developments will be advised to the market as they eventuate.

For further information please contact:

Michael Leu, CEO, Telephone: +61 2 9251 7177

Media enquiries:

Justin Kelly, Mercury Consulting Mobile: +61 408 215 858 Justin.kelly@mercuryconsulting.com.au