JV with major international group

Something to look forward to…

From the 2014 Annual report

“On the Kango North (**on) joint venture agreement, which we expect to close soon, a major international group will inject $4.4 million for a 50.1% interest, into a project which Apollo believes
has significant potential.

The funds to be injected by these partners, which have been attracted into projects with prospects
and targets defined by the Apollo exploration team, have the capacity to add substantially to
shareholder wealth and will not require additional capital from the Company.”