Critical Resources Limited has staked 700 Ha of additional claims around its 100% owned Graphic Lake project in Ontario, Canada. A total of 700 Ha of claims have been staked around the Graphic Lake project. Discussions are ongoing to consolidate more claims in the Graphic Lake area.

The purpose of increasing the landholding at Graphic Lake is to ensure the necessary landholding rights are held by the Company to capture any potential NE/SW trend of the pegmatite field. By encapsulating the observed trend, the full potential of this underexplored pegmatite area may be assessed. Cautionary Statement: The final acquisition of the Graphic Lake project including the 700 Ha of claims staked (the subject of this announcement), are subject to Canadian Investment Review Board Approval.

The Company will provide the market with an update in due course. Project Overview: The Graphic Lake Project is 55km south-east of Kenora, Ontario. The Project is dissected by the Trans- Canadian Highway, providing key links to larger cities such as Thunder Bay, Ontario to the southwest and Winnipeg, Manitoba, to the west.

The region is an emerging lithium province with multiple projects across the region. The Project is situated in the Sioux Lookout Domain of the Wabigoon Terrane in north-west Ontario. The claims comprise a pegmatite swarm trending NE/SW with a width of 300m and estimated strike of 5.5km.

These pegmatites are observed to follow the foliation of the Royal Island group metasedimentary host rocks.