Successful A$35 Million Placement to Fund Company Growth

and the Joint Lead Managers (JLM’s) agreeing to increase the raise to $35million (minimum $30M). Funds raised from the Placement will fund the Company’s battery grade High Purity Manganese Sulphate (HPMSM) project feasibility works, operating cost reduction capital costs, engineering optimisation works and working capital. Petra Capital and Blackwood Capital acted as Joint Lead Managers and Joint