Ann: Proposed issue of securities - FHS, page-2

Rather than just waiting for the Magnetite operation to commence, I must say I'm pleased with how Mr. Davis is managing the business.

Sales Growth: Yerbas Buenas reported an 84% increase in quarter-on-quarter sales, reaching approximately $470,000 for the quarter ending June 30, 2024.

Record Sales: Despite weather disruptions, June sales hit a record $188,000.

Future Prospects: Further sales growth is expected as deliveries to large-scale infrastructure projects ramp up

Magnetite Mining: Work has begun to restart magnetite mining operations at Yerbas Buenas, with a bulk sample taken for grade assessment.

I wish he had requested additional funds; it seems he hasn't asked for enough to scale up the operation.