ASX ANNOUNCEMENT30 July 2024JUNE 2024 QUARTERLY ACTIVITY REPORTKEY HIGHLIGHTS:EVENTS SUBSEQUENT TO THE QUARTER:SLC/MRG Joint VentureA Hong Kong Joint Venture Company has been established.A UAE Subsidiary Company is in the process of being established.Documentation required for the Transfer of the Mozambique Companies has been prepared.The timing of the Transfer will be dependent upon Mozambique Regulatory approvals.SLC and MRG are working together in good faith to progress the Joint Venture.SLC continues to fund all costs associated with the Joint Venture.On behalf of the Joint Venture, MRG/Sofala representatives met with the new Director of INAMI on 19 July 2024. The Meeting was well received with INAMI looking forward to our re- submission based on the revised Production Model of the Joint Venture and indicated a commitment to work together to progress the Mining Licence application expediently.Discussions have commenced on progressing an Environmental Impact Assessment.
Ann: 30 June 2024 Quarterly Activities & Cashflow Report, page-3
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