Memorandum of Association of the Port Nicholson Mining Investment Company (Limited.)

1st. The name of the Company is the Port Nicholson Mining Investment Company (Limited).

2nd. The registered office of the Company is to be established in the City of Wellington in the Province of Wellington.

3rd. The objects for which the Company is established are to acquire by purchase or otherwise and to work and to sell mines land and claims and shares and interests in mines lands and claims and shares and interests in other Companies formed and to be formed for the purpose of mining for gold silver precious stones and other minerals and for extracting the same from earth and ores mined by such Companies and by other persons or Companies to purchase and sell and to erect and use mining plant and machinery and crushing and amalgamating machinery and generally to do all such things as are directly or indirectly incidental to the business of miners and dealers in mines or mining stock shares or plant or are calculated to conduce to the attainment of the above objects or any of them.

4th. The liability of the shareholders is limited.

5th. The capital of the Company is twenty thousand pounds divided into two thousand shares of ten pounds each.

We the several persons whose names are subscribed are desirous of being formed into a Company in pursuance of this Memorandum of Association and we respectively agree to take the number of shares in the capital of the Company set opposite our respective names.