Ann: Infinity Ores - 20,000 Tonne PO Update, page-3

INFINITY ORES - 20,000 TONNE PURCHASE ORDER UPDATE

HIGHLIGHTS
➢ 20,000 tonne Purchase Order received for premium 63% Fe from new customer, with A$65 (equivalent) ex gate sales price.

➢ IFO higher grade feed for blending commenced arriving on site for use in supplying the existing and expected future Purchase Order’s.

➢ Higher grade feed being incorporated into plant feed process for routine production of 63%Fe product.