Ann: Board restructure and management changes, page-37

PSL recovered from it`s past. We have now hard working, honest and productive directors. It became a brand new company now.

PSLdirectors are very well aware of our exsting and potential.PLS has mining tenements in one of the best location in Australia "Paterson Province" 100% own with fully licensed (100%)Currently well funded for sampling, drilling and payiing administration.

Having highly experince manager for exploration and licencesing is great. This is huge step for commencing exploration. Exploration management is crtical and very important PSL future.

Having very small MC is opportunity to developing/realsing giant Paterson Province tenement. PSL will be in fast track to act on projects very soon. Paterson Province investment is not a gamble, it is real gold exploration.SP was 0.001 and now 0.0035-0.004, it is very normal that many shares naturally changing hand, however PSL sp is not going to stay in this level, it will be at least 10 baggers very near future.

Well done holders, hold very tight, directors/management welcome Matt for your new postion as Excecutive Director Welcome Daniel as Exploartion Manager. Thank you for Brian`s contribution. All now everything is running right direction.

“Non-Executive Director Matt Bull will become an Executive Director, assuming responsibility for the corporate functions in the Company whilst still maintaining a technical oversight of the Company’s operations. The Company will look to broaden the skill base of the Board with the addition in the near future of a suitably qualified and experienced person with an accounting and corporate finance background.

To consolidate the operations capability, the Company is pleased to announce the appointment of Daniel McIntyre as the Exploration Manager. Daniel brings a wealth of operational experience in the on-ground management of field programmes plus the ability to maintain a strong compliance culture with the statutory reporting requirements".