Headquartered in Brisbane, Australia, ARX Gold Corporation is a gold exploration, mining, and production
company with projects in Australia. In the fourth quarter of 2012, the Company changed its name from Daulton
Capital Corp to ARX Gold Corporation and installed a new management team focused on the exploration,
acquisition and development of gold resource projects, and continues to invest in the expansion of exploration
activities. The Company also continues to seek out opportunistic special situations that can add to its portfolio
of assets within the resource sector. In exchange for the license for the project described below, along with the
recapitalization and restructuring of the firm, ARX will pay prior parties a fixed royalty of $7.5 million and, to
reduce operating costs, pay a partner a production and processing royalty based upon the value of the
extracted resource.