Termination of Bergen Equity Arrangement

CIC CAPITAL LTD.

("CIC" or the "Company")

Termination of Bergen Equity Arrangement

 The Company and Bergen Global Opportunity Fund, LP ("Bergen") have agreed to terminate the Share Purchase and Convertible Securities Deed announced to the market on 9 December 2013 (the "Deed") and the Warrant Instrument referred to in the Deed, by mutual consent, and the Deed and Warrant Instrument have been so terminated.The Company thanks Bergen for its flexibility.

Enquiries

CIC Capital Ltd

The Company is a consulting and advisory company, operating primarily in the mining and energy infrastructure sectors. The Company seeks to provide consulting and advisory services to entities operating at various stages of resource development, and the exclusive right to control the public listing process of any client company if the client company is an unlisted company.

The core services provided by CIC Capital Ltd. are: the Advisory Service which provides a range of technical, project management, strategic and commercial services; the Strategic Investment Service which helps companies source investment from industry partners for which the Company will typically receive an equity interest; and Advice on Listings where the Company helps the client realise value by listing on a Stock Exchange www.CICCapital.com