African Gold Peer Comparison

African Lion Gold Team 24 24 MR. PHILIP RICHARDS - Director Philip Richards is Founder and President of RAB Capital which he jointly founded in 1999. He was Chief Executive Officer and Chief Investment Officer until 2008. As manager of the RAB Special Situations Fund he ran around $2bn in the mining and energy sector. Previous to founding RAB Capital he was a Managing Director in equity research and then investment banking at Merrill Lynch. He is a graduate of Oxford University. MR. ROBERT SCHAFER- Non-Executive Director Mr Robert Schafer (Bob) is a Registered Professional Geologist with +30 years international experience. Bob is an active member of the Society for Mining, Metallurgy & Exploration (SME), its President 2020-2021, and served on the Board for more than a decade. He is also Past-President of the PDAC (2015-16), the CIM (2013-14) and the Mining and Metallurgical Society of America (2005-6). Bob was a member of the Board of Governors for the US National Mining Hall of Fame and the Board of Directors of the Canadian Mining Hall of Fame. He is the first person to hold such leadership roles in both the USA and Canada. Bob is the recipient of the William Lawrence Saunders Gold Medal from AIME, as well as the prestigious Daniel C. Jackling Award and Robert A. Dreyer Award from SME for technical achievements and leadership in the mining industry during his career. He is founder and CEO of Eagle Mines Management and is a member of the Board of Directors of select mining companies. MR. KYLE LUSTED - Head Of Geological Department Mr Kyle Lusted has been the in-house Geologist for Regius Resources since April 2019. He obtained his Honours Degree in 2017 and Master's Degree in 2019 from the University of Pretoria, both within the field of geology. Mr Kyle Lusted overseas all geological aspects of the projects run by Regius Resources Group and has experience in various commodities including gold, graphite and heavy mineral sands. Mr Lusted's main field of interest and research is igneous and metamorphic petrology with a special focus on the formation and alteration of supracrustal ore bodies. AFRICAN LIONS GOLD plc

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