Joint Venture

Crossland has a joint venture with Essential Mining Resources Pty Ltd ("EMR") and the purchase of Pancontinental Uranium Corporation's interest of 43.72% became final on 1 December 2015 and the market was advised on that date.  EMR is private Australian incorporated company which is 100% owned by EMMCO Mining Sdn Bhd. a private Malaysian cmpany held beneficially by a consortium of South East Asian Investors.  Both parties are now discussing the way forward with a budget to be presented to the JV Management Committee for approval.