In accordance with section 633(1) item 14 of the Corporations Act 2001 (Cth), we enclose a copy of the target’s statement dated 26 June 2015 (Target’s Statement) given by Lemur Resources Limited (ABN 53 147 241 361) (Lemur) in relation to the off-market takeover bid by Bushveld
Minerals Limited (a company incorporated in Guernsey with Registration No. 54506) (Bushveld) for all of the fully paid ordinary shares in Lemur. The Target’s Statement has today been lodged with the Australian Securities and Investments Commission and sent to Steinepreis Paganin, who have agreed to accept service of the Target’s Statement on behalf of Bushveld.

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