STTCOMP YAR TA LONGMC $10+mCash $1.8mSOI- 482+mQuarterly...

STTCOMP YAR TA LONG

MC $10+m
Cash $1.8m
SOI- 482+m

Quarterly Activities Report – June 2023

Key information

• The sale of the Plomosas Project to Impact Silver Corp, an experienced operator of
Mexican mining projects was completed.

• An initial cash payment of US$2.271 million received.

• The balance of US$3.0 million cash price less working capital will be finalized on
completion of the working capital adjustment.

• 11,441,647 Impact Silver shares issued to Yari Minerals (~6% interest in Impact Silver).

• The Company retains an interest in the Plomosas Project through the Impact Silver
shareholding and a 12% net profit interest royalty.

• Worldview-3 detailed imagery commenced during the quarter at South Wodgina with
results pending.

Cash at 30 June 2023 – $1.829 million.

• Listed securities held at 30 June 2023 – $2.981 million

Refer to last quarterly for more info