(Unless otherwise defined, the abbreviations and definitions used throughout this announcement shall have the same meaning as those previously defined in the Company?s announcements dated 27 October 2021 (?Announcement?).)

On behalf of the Board of SJC, M&A Securities wishes to announce that the Announcement should be read as follows:

?The Proposed Private Placement will entail the issuance of up to 14,560,000 Placement Shares, representing approximately 20% of the enlarged number of issued SJC Shares assuming the full exercise of the Warrants, at an issue price to be determined later.?

This announcement is dated 28 October 2021.