ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

Lithic Metals and Energy Limited (the 'Issuer') (name to be changed to AfNat Resources Limited following Admission)

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

Canon's Court

22 Victoria Street

Hamilton HM 12

Bermuda  

COUNTRY OF INCORPORATION:

Bermuda

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

http://www.lithicme.com (following Admission, http:// www.afnatresources.com)

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING STRATEGY).  IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

The company business is the creation of an international mining and exploration group focused on investing in and acquiring and developing resource projects, including in particular uranium and nickel assets. Its focus is on projects and investments in Zambia, 

Togo, Mozambique and other countries of the Southern African Development Community (ie Angola, Botswana, the Democratic Republic of Congo, Lesotho, Madagascar, Malawi, 

Mauritius, Mozambique, Namibia, Seychelles, South Africa, Swaziland, United Republic

of Tanzania, Zambia and Zimbabwe).

Admission is sought as a result of a reverse takeover of Amber Petroleum Ltd. under AIM 

Rule 14. Amber has a number of investments in junior uranium mining and exploration companies.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

411,724,043 ordinary shares of £0.01 each

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Capital to be raised on Admission - N/A

Anticipated market capitalisation on Admission - £13.7 million

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

13.06%

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED:

n/a

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Current Directors:

David de Jongh Weill (Chairman)

George Greville Roach (Director)

Özge Erdem (Director)

Proposed Director:

Michael Edward Humphries (Director)

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

    Notes:

• Credit Suisse Client Nominees (UK) Limited's shareholding excludes holdings of RAB Capital plc which is listed separately.

• RAB Capital plc's entire shareholding is held through Credit Suisse Client Nominees (UK) Limited.

• Angstrom Capital Limited's entire shareholding is held through Roy Nominees Limited.

• Mohammed Asibelua's shareholdings are beneficially held through Alcyonian and Aspen Energy.

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

n/a

      (i)     ANTICIPATED ACCOUNTING REFERENCE DATE 

      (ii)    DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION
              DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited
              interim financial information)

      (iii)   DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS 
              PURSUANT TO AIM RULES 18 AND 19:

       (i)    31 March

       (ii)   31 March 2009, and unaudited interim financial information for 6 months
              ended 30 September 2009

       (iii)  30 September 2010, 31 December 2010, 30 September 2011

EXPECTED ADMISSION DATE:

23 December 2009

NAME AND ADDRESS OF NOMINATED ADVISER:

Seymour Pierce Limited,

20 Old Bailey,

London,

EC4M 7EN.

NAME AND ADDRESS OF BROKER:

Seymour Pierce Limited,

20 Old Bailey,

London,

EC4M 7EN.

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

Seymour Pierce Limited,

20 Old Bailey,

London,

EC4M 7EN.

The admission document will contain full details about the applicant and the admission of its securities.

DATE OF NOTIFICATION:

27 November 2009

NEW/ UPDATE:

NEW