Ann: Entitlement Offer to Raise $1.4 Million, page-2

Ora Gold’s Chairman, Rick Crabb said:

“I encourage shareholders to take up their entitlement under this Entitlement Offer, to enable the Company to pursue its objectives with the Garden Gully Gold Project and other highly prospective targets. The Directors are conscious of the frustration of shareholders over the delay in finalizing a native title agreement to enable both the Crown Prince and Lydia mining leases to be granted. Announcements in the past were honestly made based on information provided to us by representatives of the native title group.

The current status is that, at the request of the recently formed Wajarri Yamaji Aboriginal Corporation RNTBC (“WYAC”), the Company’s subsidiary Zeus Mining Pty Ltd executed the Native Title and Heritage Agreement and delivered it to WYAC. We are informed that a meeting of WYAC is set for 12 November 2021.

As has been the case in the past, we may find that, despite assurances given, further delay occurs. However we are hopeful that the Agreement, the terms of which have been settled for some months, will finally be signed.”