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

Uranium acquisition will take time. As soon as Mr. Trump assumes office, he is expected to sign a deal with Putin to secure uranium and aluminum at significantly reduced prices. This development could have adverse effects on companies operating on U.S. soil that are currently exploiting domestic resources. It seems that some stakeholders would prefer to obtain these materials cheaply rather than invest in extracting their own reserves.In this context, LPM is poised to benefit substantially from a spin-off related to uranium and rare earth elements (REE). There is considerable anticipation regarding Brazil and Australian soil to deliver critical minerals, given their high quality and abundant resources.