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3 Royal Bank of Canada Trust Company (Cayman) Limited 4th Floor, Royal Bank House 24 Shedden Road, George Town Grand Cayman KY Cayman Islands P.O. Box 309, Ugland House, Grand Cayman, KY1 1104, Cayman Islands

4 7.4% 483,650,000 6% 6,4370.8% 964, % 2,678,222,000 18% 144,427 42% 18,54442% 300,469,00061,021,000 76% 69% 21%

5

6 11 333,336,000 1,029,119,000 68%61,021, ,469,000 80% % 2,678,222,000 18%144,427 42%18,544 42% 49% 5,231,627,000 5,217,290,0000.3% 3,496,954,000 4,461,054,000 22% 76% 9% 10% 5% 887,468,000 1,960,177,000 55% 25%44%43% 69%21%

7 500,000, % 61,772,000 6,922, ,711 1,398, ,198 1,501,005 61,225 49,690 64, , , ,282 3,401, ,398 16,507 18, ,252 99, , , , , , , , ,379 1,769,

8 (i)(ii)(iii) 25.50% 655,716 16, , , ,684 8,286 16,507 2, % 361,064 18, , , ,634 13,425 18,515 16, % 301,818 99, , ,749 82,697 4,626 19, , , ,503 29, % 425, , , ,032 89,761 3,199 52, , ,232 44,169 48,499 48,499 7, % 303, , , , , , % 223, , , , % 233, , , , , , % 382, , , , , , % 313, , , , , ,368 3,200,168 1,769,920 1,277,993 1,169,832 1,033,776 29, ,520 1,190,350 1,118, , , ,127 56, % 1,341, , , , ,725 12,973 40, , ,924 17, , ,347 10, % 124, , , ,859 1,466, , , , ,725 12,973 40, , ,924 17, , ,206 10, % 1,895,748 1,398, ,002 99,114 92,804 6, , ,917 75,104 1,572,778 1,262,526 24, % 532, , , , , , % 1,511,140 1,501,005 1,511,140 1,501,005 3,939,134 3,401, ,002 99,114 92,804 6, , ,637 75,104 3,449,158 3,124,009 24,

9 51.00% 213,870 61, , ,324 84,688 5,411 61,225 4, % 179,854 49, , , ,708 50,101 G % 70,468 64,498 70,468 64,498 G % 202, , , ,318 G % 361, , , ,551 1,027, , , ,324 84,688 5,411 61, , , , , ,367 54,110 E 70.00% 121, , , , , , , , % 299, , , , , , , ,711 10,055,191 6,922,964 2,104,601 1,840,909 1,577,993 54, ,686 1,961,875 1,786, ,444 5,988,715 5,277, ,

10 2,678,222, ,427 56, , , ,110 1, ,427 2,678 1,460 17, ,495 14,528 G ,538 56,307 5,417 G , ,656 3, , ,981 2,085 G16 1,189 57, ,528 4,862 E , , , , ,365 4,

11 5,231,627,000 5,217,290, ,000, % 8,116,196,000 7,042,741,000 4,459,590,000 6,618,086,000 2,422,735,0002,032,279,0004,576,000 1,100,000,000 3,587,358, ,000,000 5,083,358,000 3,032,838,000 35%4%

12 (i) (ii) 21 (iii) (i) (ii) (iii)

13 680,491, ,153, % 51%

14 38,363,000 43,680,000 XV (1) 352 (2) 32,054, % 90% XV XV XV(1) 352 (2)

15 336 3,646,889, ,646,889, ,646,889, % 74.35% 74.35% 3,646,889, % % XV 2. 1 XV 3. 1 XV

16 , , ,

17 4. Rare Earths Global Limited Rare EarthsAIM, Rare EarthsAIM Rare Earths 100,000, (i)50% (ii) 15 (iii) 40%(iv) 15,000,

18 74.35%51.89% A.4.1 A A

19 2 3,496,954 4,461,054 (2,609,486) (2,500,877) 887,468 1,960,177 26,141 82,200 16,937 74,970 (35,676) (40,176) (38,763) (41,587) 5 (127,409) (38) 7 728,698 2,035,546 6 (395,362) (1,006,427) 333,336 1,029, ,336 1,029,377 61, , , , ,336 1,029,119 61, , , , ,336 1,029,

20 30,383 31,242 12,392 22,113 22,281 34, , , , , , , , ,950 1,328,584 1,370,232 1,464,703 1,833,785 18,965,187 15,188,406 15,212,165 2,965,606 3,019, ,269,398 1,704,386 3,789,730 68, , ,410 14,704 4,459,590 6,618,086 2,134,944 27,728,232 26,696,248 21,463,953 5,153,918 5,886,447 5,996, ,359,742 3,252,384 7,059, , , ,167 96, , , ,427 4,794, ,100,000 2,000, ,000 11,666,190 11,558,510 18,608,439 16,062,042 15,137,738 2,855,

21 17,432,274 16,602,441 4,689, , ,358 1,169, ,644,000 1,700, ,351 3,032,838 3,003, , ,389 34,136 7,116,595 5,146,130 1,313,447 10,315,679 11,456,311 3,375, ,132 39,132 8,710 5,192,495 5,178,158 1,414,740 5,231,627 5,217,290 1,423,450 5,084,052 6,239,021 1,952,402 10,315,679 11,456,311 3,375,

22 8, , ,196 4, ,868 1,423,450 1,952,402 3,375, , , ,678 1,029,377 62,456 62,456 62, (739,801) (739,801) (739,801) 104, ,457 8, ,529 (578,605) 4,833 1,191,337 1,046,804 2,785,537 3,832,341 39,132 6,227,510 (2,402,195) 3,085 1,349,758 5,217,290 6,239,021 11,456,311 61,021 61, , ,336 13,500 13,500 (1,440,784) (1,440,784) 8 (46,684) (46,684) (46,684) 39,132 6,180,826 (2,402,195) 3,085 1,410,779 5,231,627 5,084,052 10,315,

23 (4,345,437) (415,152) (610) (169) (37,442) 2,976,667 54,780 (115,755) (610) 2,878,081 3,046,000 3,100, ,427 (3,990,711) 875,242 13,500 30,957 7,673 (3,363) (2,002,000) (210,351) (492,082) (662,170) (234,800) (79,862) (46,369) (8,167) 30,956 1,621 (4,054) (4,054) 2,161,591 (1,799,198) (2,184,456) 663,731 6,618,086 2,134,944 25,960 (5,841) 4,459,590 2,792,

24 (i) 50% (ii) 5,302,945,0002,182,956,000 3,119,989, ,897,028,7035,938,909,000 4,708,962, ,760,2971,926,509,000 1,527,529,000365,428, ,983,

25 2. (i) (ii) (iii)

26 (i) (ii)

27 4. 3,496,954 3,496,954 (730) 780, ,681 1,894 (61,772) 12,369 (3,474) 728,698 72,721 4,388,333 4,461,054 1,463 1,980,205 1,981,668 80,719 (38) (26,803) 2,035,

28 ,247 27,932 28,411 15,110 9,875 61, ,129 66,218 (116,720) (66,180) 127,

29 6. 159, ,249 (1,210) 202, , , , ,123 42, ,362 1,006,427 25% 5% 10% 30% 60%

30 7. 32,924 38,883 5,439 4,797 38,363 43,680 (17,031) (26,062) 21,332 17,618 2,609,486 2,429,994 43,213 1,469 1, (1,706) (467) (1,456) (124) 106,789,000 80,092,000 20,423,

31 ,684, ,021,000300,469,000 4,905,257,860 3,965,497, , ,172 17,061 8,172 20,

32 , , , , , , , ,509 1,600,219 1,673, % 7.05% 5.7% 6.09%

33 , ,020 (100,399) (103,389) 225, , ,008 15,718 (34,136) 16, ,104 (645) (30,361) (11,709) (42,715) 265,363 15,718 (64,497) 4, ,389 65,653 (11,051) (38,892) 21,532 37, ,016 4,667 (103,389) 26, ,631 (97,780) 63,983 2,990 (2,316) (33,123) 233,236 68,650 (100,399) 24, ,

34 ,783,000 8,710,00010,685,000 10,685,000 8, , , ,000,000, ,

35 14. 1,068,468,860 10,685 8,710 2,897,028,703 28,970 22, ,760,297 9,398 7,451 4,905,257,860 49,053 39, ,897,028, ,760,297 1,487,812, ,983,000 30,422,000 6,166,352,0007,776,960, ,753,

36 % 50% 51% 739,801, , ,

37 17. (a) 19,320 32,952 72,721 4,703 2,341 14A (b) 2,763,611,000 2,828,050,000 11,443,0009,122, ,427,

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