Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

Not quite right mate. But yes they still don't have much cash. Need to add the 500000 in the kitty from the April raise.

Though sounding positive more of the same. Over half a year now with the highlighted point:

• T92 is continuing discussions with large JV Farm-In and Joint-Development Partners to directly
fund drilling on our core projects.
Terra Uranium Executive Chairman, Andrew Vigar commented, “Terra Uranium has significantly
expanded its footprint in Canada during the quarter with the pegging of 3 new projects in the
Athabasca Basin, and the proposed acquisition of the Amer Lake Project to the north. The Amer
Lake claims overlie the near-surface portion of the Amer Lake Uranium deposit which has a
Canadian NI43-101 resource (foreign non-JORC compliant) of 15.3 million pounds of U3O8. This is
a truly game-changing acquisition for Terra, as it transforms us into a company with real ‘pounds in
the ground’. We look forward to upgrading and extending the Amer Lake resource to JORC status
whilst continuing to maintain a focus on finding partners to drill our Athabasca Projects.”