DSO Lithium Offtake Agreement and US$20 Million Prepayment...

DSO Lithium Offtake Agreement and US$20 Million Prepayment Agreement to Support Development of Finniss Lithium Project HIGHLIGHTS • Binding Offtake and Prepayment Agreements signed with Ya Hua International Investment and Development Co. Ltd, a wholly owned subsidiary of Shenzhenstock exchange listed Sichuan Yahua Industrial Group Co., Ltd (“Yahua”) • Offtake Agreement provides for the supply of 1 million dry metric tonnes of lithium DSO to be supplied from Core’s 100% owned Finniss Lithium Project in the Northern Territory • US$20 million conditional prepayment facility, to be repaid through the supply of future DSO or Li2O concentrate production from the Finniss Lithium Project • Core is currently undertaking a Pre-Feasibility Study for the development of the Grants Mineral Resource, targeting first deliveries from mid-2019 • Yahua is one of China’s largest lithium hydroxide and carbonate producers