Metallurgy & Beneficiation News, page-26

I have been looking at the share register history of MRD and whilst I cannot extract a pie graph like the OD6 one below, the MRD registry history demonstrates (to me) a level of confidence from what you could call 'insiders' (directors, management, founders). Given their close proximity and the fact that MEK, OD6 and MRD are now cooperating together for synergy with their metallurgical lab research, I thought it would be useful to show the concentration of the registry of OD6. MEK's registry is not quite as relevant as they have the gold project so not they're not quite so dependent upon the success of their REE project. Overall, I'm pretty happy with seeing this and what I have been able to uncover about MRDs registry history and current makeup.

Registry Pie Graph from OD6 Australian Critical Rare Earth Minerals Initial Drilling Results Presentation dated 11th November 2022.