African Gold Peer Comparison

African Lion Gold Company Structure VERICOR HOLDINGS LIMITED (ISLE OF MAN) REGIUS RESOURCES GROUP LTD (BVI) 32.6% 16.5% 11.8% RAB CAPITAL AFRICAN LION GOLD PLC (UK) COMPANY NO: 13004051 5.4% MARK DENNING Directors: - Jacobus Strydom van Wyk - Hendrik Francois Jordaan 5.3% Dirk Muntingh MILO INVESTMENTS LIMITED William Philip Seymour Richards Robert Schafer 28.4% OTHER INVESTORS 100% AFRICAN LION RESOURCES GBL (MAURITIUS) COMPANY NO: C145469 C1/GBL 80% OURO MULAMULI LDA (MOZAMBIQUE) COMPANY NO: 100568632 Owner of Licence 9664C 20% Joao David Mabombo AFRICAN LIONS GOLD plc 26

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