Ann: Quarterly Activities Report, page-9

All the samples produced are supporting Australian Mines’ preliminary, incomplete and confidential discussions with potential offtake partners to secure a binding offtake agreement and financing for its Sconi Project. It is expected our selected partner will make a meaningful financial commitment to the project financing of Sconi as part of any offtake agreement.Mr Bell said, “The recent successful production runs further demonstrate our ability to consistently deliver battery-grade precursor chemicals of cobalt sulphate and nickel sulphate that can be applied directly into the manufacturing process of electric vehicle batteries, and support our negotiations with potential offtake and financing partners.