Business Summary

Hawk Resources Limited, formerly Alderan Resources Limited, specializes in critical and precious metal exploration. The Company’s principal activity is mineral exploration for lithium in Brazil and copper and gold in the United States of America (USA). Its lithium projects are located in the Lithium Valley district of Minas Gerais in Brazil and its Detroit, Frisco and White Mountain projects are located in Utah, USA. It has eight lithium projects in Minas Gerais and Bahia, Brazil plus copper and gold projects in Utah, United States of America with tenements held either directly or through option agreements via Company’s USA subsidiaries, Volantis Resources Corp and Valyrian Resources Corp. Its Detroit project lies within the Detroit Mining District, approximately 290 kilometers southwest of Salt Lake City. The White Mountain is an epithermal gold exploration project 300 kilometers (km) south-southwest of Salt Lake City and 25 km southwest of Milford in Utah, USA.