CRITICAL RESOURCES LIMITED — Share Issue/Capital Change 2016

Nov 6, 2016

Notification of Consolidation/Split

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Notification of Consolidation/Split

Announcement Summary

Entity name

SOVEREIGN GOLD COMPANY LIMITED

Applicable security for the reorganisation

SOC ORDINARY FULLY PAID

Announcement Type

New Announcement

Date of this announcement

Monday November 7, 2016

Reorganisation type

Security split

Effective Date

Monday December 12, 2016

Record Date

Tuesday December 13, 2016

Issue Date

Tuesday December 20, 2016

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 *Name of +Entity

SOVEREIGN GOLD COMPANY LIMITED

Registration Number

1.2 *Registered Number Type

ACN 145184667

1.3 *ASX issuer code

SOC

1.4 *The announcement is

New announcement

1.5 *Date of this announcement

Monday November 7, 2016

1.6 *Securities affected by the reorganisation

Notification of Consolidation/Split

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Notification of Consolidation/Split

SOC

ORDINARY FULLY PAID

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Part 2 - Approvals

2.1 *Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval Court approval

• Lodgement of court order with +ASIC ACCC approval

• FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

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Approval/Condition Date for determination Is the date estimated Approval
+Security holder Thursday December or actual? received/condition
approval 8, 2016 Actual met?
[Select...]
Comments
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Part 3 - Reorganisation timetable and details

3.1 *+Record date

Tuesday December 13, 2016

3.2 Date of +security holder meeting

Thursday December 8, 2016

3.3 Last day for trading in the pre-re-organised +securities

Friday December 9, 2016

3.4 *Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date. Monday December 12, 2016

3.5 Record date

Tuesday December 13, 2016

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Wednesday December 14, 2016

3.7 *+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis Tuesday December 20, 2016

Notification of Consolidation/Split

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Notification of Consolidation/Split

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3.8 Trading starts on a normal T+2 basis

Wednesday December 21, 2016

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Friday December 23, 2016

Part 4 - Reorganisation type and details

4.1 *The reorganisation is

+Security split

4.1b *Split ratio: the +securities will be split on the basis that every

8

(pre-split) +security (/ies) will be divided into 1

(post-split) +securities.

4.2 *Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after reorganisation

5.1 *+Securities on issue before and after the reorganisation

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ASX +Security Code ASX +Security
SOC Description
ORDINARY FULLY
PAID
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Quoted before reorganisation reorganisation Actual
1,410,560,992 176,320,124
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Part 6 - Further information

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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