Morning trading October 27, page-2

ADV -- ARDIDEN BOLSTERS GEOLOGICAL MODEL WITH ADDITIONAL HIGH GRADE GOLD
MINERALISATION FROM DRILL RESULTS

NOR --- Norwood Corporate Overview and App 4C for September 2022 Quarter Highlights
• Cash receipts from customers for the September 2022 quarter totalled $536,000, the highest quarterly
result in the Company’s history, and representing a year-on-year quarterly cash receipts increase of 29%
compared to the September 2021 quarter.
• Secured a contract variation with Spark NZ post-quarter, encompassing an agreement on future pricing:
- Pricing for the Spark Voicemail service has now been agreed to the end of CY2025 and maintenance
charges have also been agreed to the end of FY2026
- Norwood supplied with new Purchase Orders totalling approximately NZD$682,000 for the FY 2023
period (compared to approximately NZD$639,000 for FY2022).
• Quarterly net operational cashflow improved to a $276,000 net outflow for the September 2022 quarter