Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-10

After trying to contact CRS several times to clarify where the tranche 2 circa $300k went, and not receiving a clear response,
I have sold my shares.

I am very disappointed (to say the least) with the way the CRS team have handled this and I personally feel misled.

Did I miss something in the quarterly?

Where did that tranche 2 money go?????? Can anyone tell me???

I was shocked to see the quarterly showing $222k
I was expecting to see $222k + around $300k, so over $500k at least !

I don't understand what they expect of shareholders !?
To wait until the last cash is all gone?

• MD resignation
• $222k at end of September
• No apparent reason where the tranche 2 CR money went
• Shareholders left in the dark imo

Too many red flags.

It's disappointed as I had such high hopes for CRS and I really believed in their Mukinbudin ground.
I feel that I also made a contribution by informing CRS of the 2 tenements that became available as well.

I have tried to be as positive as I could be on this stock and have done my best to hold long-term.
Waiting and hoping for a CR when they have under $200k in the bank is just too risky for me.
I have sold and taken a huge loss.

I wish you all the best of luck and with a bit of luck, maybe CRS will squeeze a CR in at a reasonable price (if at-all), but I can't count on that hope.

GLTAH.