Ann: Investment by World Leader in Lithium-Ion Batteries, page-3

YES! Mick will be ecstatic - likely doing a dance around pictures of JP!

John Prineas, St George Mining’s Executive Chairman, said:
“We are delighted to welcome ATL – a world leader in lithium-ion batteries – as a partner for our
lithium exploration in Western Australia.
“This strategic investment recognises the exciting potential of the seven prospective lithium projects
secured by our subsidiary, Lithium Star.
“It also recognises the technical expertise and commitment of the St George team which has
considerable experience in exploration for lithium, nickel and other battery metals as well as the
development and operation of open-pit and underground mines in Western Australia.
“All the Lithium Star projects are located in Western Australia – the world’s best hard-rock lithium
address. Five of the new projects are in the southern portion of the Yilgarn Craton, an area gaining a
global reputation as a ‘super province’ for lithium and already hosting three spodumene-producing
mines and five others in development.
“Exploration ground in this region is highly sought after with significant M&A activity already
underway to secure strategic positions.
“The investment by ATL will strengthen our ability to advance the Lithium Star projects with minimal
dilution to existing St George shareholders. We also look forward to potentially partnering with ATL
on additional lithium exploration and other lithium business opportunities.
“The deal with ATL highlights St George’s strong success in developing key industry relationships with
some of the largest and most important global players in lithium-ion batteries. The key downstream
relationships formed by St George, including with Shanghai Jayson, SVOLT, Sunwoda Electronic and
now ATL, underpin our capacity to grow in the lithium sector and validate our strategic decision to
build out our portfolio of battery metals projects.”