Blinkwater Prospecting Right

Density Metals (Pty) Ltd has applied for a Prospecting Right for prospecting of commodities (vanadium, titanium and iron) that may exist within the application area, in terms of the Mineral and Petroleum Resources Development Act (Act 28 of 2002, as amended) (MPRDA). The application area is located approximately 57 km northeast of Middelburg in the Mpumalanga Province of South Africa.