Suspension Extension, page-95

Highlights  Project funding has been secured to accelerate Lance Projects well field rollout and to commence CPP expansion;  Completed expansion expected to reduce projected all-in sustaining cash costs by US$9-10/lb.;  Funding comprises a US$15m convertible loan facility provided by major shareholders Resource Capital Fund VI L.P. and Pala Investments Ltd;  Revenue Streaming Facility Term Sheet for US$25m for Stage 2 expansion signed and due diligence is at an advanced stage;  Additional uranium experience added to the Board with appointment of non-executive director;  Production ramp up continues; 3.3% average daily head grade increase over last 40