Company Southern Palladium Limited

Southern Palladium Limited is an Australia-based platinum group metal (PGM) company. The Company is engaged in developing the advanced Bengwenyama PGM project, specifically full palladium and rhodium, in South Africa. Its primary focus is the advancement of its exploration programmed at the Bengwenyama PGM project, in which it holds a direct 70% stake. The Bengwenyama Project is an advanced-stage exploration project focused on PGM mineralization on the properties, which are located on the eastern limb of the Bushveld Complex and south of the Anglo Platinum Modikwa property. The project lies approximately 5 kilometers west of the village of Steelpoort, 20 km west-southwest of the larger town of Burgersfort, and 250 km east-northeast of Pretoria. The project has a total area of approximately 5,279.74 hectares. The project is accessible via a sealed (tarred) road that branches off the R555 main road that runs just to the south of the project area.