Ann: Stage 2 Pond Construction Works Commence at Rincon, page-4

For all the cynical people on AGY and our loyal holders:

Argosy is targeting the first set of these pond construction works to be completed during September. Further additional ponds are being scheduled, and pending approvals, are targeted for completion during October. This will result in a combined total of ~10 hectares of newly constructed evaporation ponds. These works are currently being fast-tracked to meet the commencement of the peak solar evaporation season, which usually begins during September (and continues until April).

Argosy Managing Director, Jerko Zuvela commented “The successful commencement of the next stage of pond construction works, an exponential increase in scale from the original Stage 1 ponds, continues to demonstrate the Company’s aggressive development strategy, proficiency and expertise to fast-track toward production of LCE product, which is a near-term prospect that I am very excited about and will see Argosy as the second ASXlisted lithium producer.”

The Company is confident that the Rincon Lithium Project has a clear conceptual pathway to lithium production, with historical results and Mr Alurralde’s previous operating and production experience from the Project area and over the broader Salar del Rincon justifying the fast-track approach.

Thank you come again!