CRITICAL RESOURCES LIMITED — Capital/Financing Update 2016

ASX Release 3 February 2016

==> picture [45 x 44] intentionally omitted <==

Placement Completed

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 Company Limited ( Company) (ASX: SOC ) advises that it completed a placement under Listing Rule 7.1A.

38,765,711 new shares were issued.

The following information is provided pursuant to LR 3.10.5A:

email: [email protected]

Latest News

www.sovereigngold.com.au

Directors / Officers

Simon Bird Managing Director

Patrick Glovac Non-Executive Director

Charles Thomas Non-Executive Director

Rocco Tassone Non-Executive Director

ASX Symbol: SOC

• a) Existing holders of the Company’s securities will be diluted by 4.07% following the issue under LR 7.1A.

• b) The Company did not conduct a pro-rata issue as the amount sought did not justify the costs associated with a pro-rata issue. The Company did however include qualifying shareholders that requested an allocation under the Placement.

• c) The Placement was not underwritten.

• d) A fee of $5,582 was paid on the funds raised under LR 7.1A.

The total amount of capital raised under the Rights Issue and Placement is $93,037.71 before costs.

The relevant Appendix 3B has been released.

For further information please contact:

Mount Adrah Mineral Resource estimate:

770,000 oz of gold, at various cut-off grades: Indicated: 440,000 oz

from 12.1 Mt at 1.1 g/t gold and Inferred: 330,000 oz from 8.4 Mt at

Rocco Tassone, Director Sovereign Gold Company Limited, Telephone: +61 2 9251 7177

1.1 g/t gold[*]

• The information regarding the Mineral Resource is extracted from the report entitled “Hobbs Pipe Mineral Resource Update Additional Information” created 27[th] December 2013 and is available to view on sovereigngold.com.au/investors.htm. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the 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 presented have not been materially modified from the original market announcement.