Purpose of Offer The “Notes” of Section 4.1 of the Prospectus is...

Purpose of Offer
The “Notes” of Section 4.1 of the Prospectus is amended by inclusion and insertion
of the following additional “Notes”:
3. $220,000 short-term working capital facility provided by a company associated
with director, Mr Joshua Pitt, bearing no interest and with no fixed repayment
terms. The Company notes that the agreed short-term working capital facility
amount was $200,000 at 30 June 2023 but has since been increased to $220,000.
4. the Administration amount of $541,112 consists of the following items:
a. Current trade creditors including invoices for lab analysis from earlier drilling
programs;
b. Expenses of the offer as detailed in section 7.8 of the Prospectus;
c. Director salaries and superannuation as disclosed in the above ‘Note 2”;
d. Office rent and related costs;
e. Company secretary fees;
f. Audit and tax expenses; and
g. Share registry expenses.
3.5 Effect on Statement of Financial Pos