Ann: Quarterly Activities Report, page-3

Well, they have thrown us a bone to chew over for a while longer, sounds interesting IF the money doesn't run out beforehand.

New Business Development
The acquisition of a new project, or projects, to complement Citronen’s zinc exposure and further build out the
Company’s portfolio has been a regular workstream for Ironbark for much of 2023. The Board’s focus has been on:
• identifying high value exploration opportunities in the base & battery metals space; with
• a Geographic preference for Australia (particularly Western Australia); that
• are scale appropriate; and
• will provide for consistent and year round newsflow
This criterion is a relatively exacting one however a series of projects has been identified that the Board believes will
provide for excellent growth prospects for the Company alongside Citronen. Further information will be provided on
these discussions as soon as it can be made available.

Corporate
• A$0.86 million Cash at Bank as at 30 September 2023.
• Dedicated and ongoing focus on new business development aimed at acquiring new Base & Battery Metals
opportunities in Australia

cheers.