Issue of Shares

Highlands, the London listed natural resources company, announces that, pursuant to the exercise of
warrants, an application has been made for an additional 50,000 ordinary shares in the Company to be
admitted to trading on the Official List of the UK Listing Authority by way of a Standard Listing and to trading
on the London Stock Exchange’s Main Market for listed securities (‘Admission’). Admission is expected to
take place on 13 July 2016.