Ann: Notice of Extraordinary General Meeting/Proxy Form, page-24

INR has $671.47M MC & upgraded JORC at Rhyolite Ridge to 3.4Mt LCE. Also recently signed offtake agreement with Dragonfly Energy.

Has offtake agreements for boron & lithium. In final stages of permitting. US$490M equity capital funding + US$700M loan via US Dept. of Energy.

Big dollars flowing into US lithium clay projects. Thacker Pass obtained permits after long drawn out process resulting in clay being undervalued as had high risk for permitting. Now that Thacker Pass has permits & soon Rhyolite Ridge the permit risks should diminish. Production at Thacker Pass would completely de-risk clay as it will become a proven viable option. Many of the clay sites are in USA with favourable policies for lithium mine development.

NVLH is breaking out again. Merger with ICM to be completed shortly. They will be announcing offtake agreements once the merger is completed. Battery grade LCE has been produced & the buyers are lined up.