Ann: Investor Presentation, page-19

• Purpose and Nature of Issuance: The share issuances and options by Lanthanein Resources Ltd, including those to Inyati Capital and Directors, serve specific strategic purposes. These include financing projects, incentivizing management, and compensating service providers. These actions are aimed at long-term growth and value creation, which can positively impact the company's future prospects and, consequently, its market valuation.

• No Immediate Dilution from Options: The issuance of options, whether to Inyati Capital or Directors, does not immediately dilute existing shares. Options give the right to purchase shares in the future at a predetermined price. Until these options are exercised, there is no change in the number of outstanding shares, and thus no immediate impact on MC.

• Potential for Future Growth: The capital raised through share issuance, especially the 168,236,335 fully paid ordinary shares, provides immediate financial resources. This capital can be used for expansion, exploration, or other value-adding activities, potentially increasing the company's value and offsetting any dilution effects.

• Market Perception: Market capitalization is influenced by investor perception. If the market views these actions (issuance of shares and options) as positive steps towards the company's growth and profitability, this can lead to an increase in the share price, which could counteract the dilutive effect of additional shares.

• Long-Term vs. Short-Term Effects: While share issuance can have a short-term dilutive effect, the long-term impact depends on how effectively the company utilizes the raised capital. Successful investment of this capital into profitable ventures can lead to an increase in the company's earnings and, by extension, its market capitalization.

In conclusion, while the issuance of additional shares and options can impact the market capitalization of Lanthanein Resources Ltd, the nature of these actions and their strategic purposes suggest that they are geared towards long-term value creation. The actual impact on MC will depend on the company's execution of its strategic plans and the market's perception of these initiatives.