TLG - Media, page-9707

This relates to the original purchase from Teck Recourses back in 2012.

TALGA OPTIONS IRON, GRAPHITE AND IOCG PROJECTS IN NORTHERN SWEDEN

Summary

Talga Gold Limited (“Talga” or “the Company”) is pleased to advise that it has
entered an option agreement to purchase TCL Sweden Ltd (“TCL”), a 100%
subsidiary of Teck Resources Limited (“Teck”). TCL contains assets including iron,
graphite and iron oxide copper-gold (“IOCG”) projects in northern Sweden. Talga
has paid US$45,000 for the option to, until 30 June 2012, purchase 100% of TCL
for US$433,500 and a 1% Net Smelter Royalty (“NSR”). An underlying 2% NSR is
due to prior owner Phelps Dodge upon production.

https://talgagroup.eu-central-1.linodeobjects.com/app/uploads/imports/asx-announcements/ca0dc1c8-9081-40a7-8e80-4280af31ab06/TalgaoptionsIronGraphiteandIOCGProjectsinSweden.pdf