Total Shares Issued: 14,809,784

Share Options outstanding: 350,000

Share Warrants outstanding: 10,985,000 ( final exercise date 30 September 2021 )

Director's Interests: 1,707,727

Securities held in public hands : 16.42%

Major Shareholders

Name Shares %

The Bank of New York

7,013,950

47.36%

Richard Murray

2,437,558

16.46%

Barry Fromson

1,707,727

11.53%

John Reilly

1,218,779

8.23%

The company has been notified that the following shareholders own shares through nominee companies.

Richard Murray owns a further 2,000,000 which brings his beneficial holding to 4,437,558 representing 29.96% of the issued share capital.

Ross Maxwell owns 1,426,000 representing 9.67% of the issued share capital.