Company Australian Rare Earths Limited

Australian Rare Earths Limited is an Australia-based mineral exploration and development company, which is focused on ionic clay hosted rare earths resource opportunities in South Australia and Victoria. The Company is engaged in the exploration and development of its flagship Koppamurra Project. It owns 100% of Koppamurra Project, which is located in South Australia and Victoria. The Company holds six exploration licenses (ELs), four covering the area between Comaum and Keith in South Australia and two cover the area between Apsley and Minimay in Western Victoria, Australia. The Company has granted South Australian EL’s 6509, EL6613, EL6690 and EL6691 and Victorian EL007254 and EL7719.