PEX 1.75% 14.0¢ peel mining limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

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    "The Company welcomes Metals Acquisition Corporation to the district and wishes them success for the
    future. Metals Acquisition Corporation holds the South Shuttleton deposit (EL6223) adjacent to Peel
    Mining’s Wirlong Project and on our 100% owned Shuttleton Pastoral Lease"
    PEX is ready to consider offers above $ 1.5 billion from the MAC.
 
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