Communicators

Confirmation of Payment to La Patience

Australian resources and investment company, Cape Lambert Resources Limited (ASX: CFE) (Cape Lambert or the Company) can confirm that Paragon Mining SARL (Paragon) has made the US$500,000 payment to La Patience SPRL in respect to the Kipushi Cobalt-Copper Tailings Project (refer ASX announcement dated 2 May 2019).

Tony Sage, Chairman, commented “We thank Paragon for making the payment and look to forward to progressing the project with them.”

Yours faithfully

Cape Lambert Resources Limited

Tony Sage

Executive Chairman

About Cape Lambert

Cape Lambert Resources Limited is a listed (ASX: CFE), diversified mineral development and investment company that aims to meet global demand for minerals that drive progress and power our future