Ann: Company and Adina Lithium Project Update, page-11

"Québec's Provincial Budget 2025 recently announced the 45% refundable tax credit covering exploration
and mine development expenses for strategic minerals now applies to key infrastructure developments.
In the case of Winsome this would include the planned road connecting Adina to Renard which enables
efficient transport of materials including mineralised pegmatite. The eligibility of this critical infrastructure
for the enhanced credit is anticipated to further strengthen the project's financial metrics.
The tax credit may also apply to other development expenses such as the Adina trade off and feasibility
studies and repurposing of the Renard site. The details of the budget are under review by Winsome and
its advisers and it is anticipated these initiatives will assist the Company to continue progressing Adina."

This is why Quebec stands out.
Not only did we benefit from the CFTF leverage initially to MRE discovery, but also the tax credits on exploration, which now seem to be getting significantly broader.

Think about the Net capex potentially getting a decent hair cut. !!