CRITICAL RESOURCES LIMITED — M&A Activity 2014

Jul 3, 2014

ASX Release 4[th] July 2014

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Bid for remaining Mount Adrah Gold Limited shares

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

• Sovereign Gold acquires Raffles Capital Limited (ASX: RAF) stake in Mount Adrah, increasing its interest to 76%

• Same offer to be made to remaining Mount Adrah shareholders – four Sovereign Gold Shares (last traded at 4.8 cents) for each Mount Adrah Share

• Bid values Mount Adrah at $11 million

Contact Michael Leu CEO

email: mleu@sovereigngold.com.au

Latest News www.sovereigngold.com.au

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

ASX Symbol: SOC

Raffles Capital Limited (ASX: RAF) and Sovereign Gold Company Limited (Sovereign Gold) have entered into a Share Acquisition Agreement bringing Sovereign Gold’s interest in Mount Adrah Gold Limited (Mount Adrah) to 76.12%.

Sovereign Gold will make an offer for the full acquisition of Mount Adrah Gold Limited (Mount Adrah).

Sovereign Gold is offering Mount Adrah Shareholders four Sovereign Gold shares (last traded price was 4.8 cents) for each Mount Adrah share including options held by them.

Offer value is 19.2 cents per Mount Adrah share including options.

The Offer is subject to obtaining all necessary shareholder, regulatory and statutory approvals.

Consideration for the total acquisition would be the issue of up to 64.7 million Sovereign Gold shares with a cash value of $3.1 million.

Sovereign Gold shareholders will be asked to approve the issue of the shares at a forthcoming general meeting.

For further information please contact:

Henry Kinstlinger Investor Relations Telephone: +61 2 9251 7177