Non-Renounceable Rights Issue to Raise up to $1.47 Million

 1 for 1 Non-Renounceable Rights Issue to raise up to $1.47 million, underwritten for $1 million  Attractively priced at 0.5 cents per share  Discount of 50% to the 5-day VWAP of 1 cent  Directors to participate for their full entitlement  Funds to be used to advance work programs across the Company’s project portfolio, evaluate new business opportunities, and for general working capital. Nel