Additionally, AVZ has been made aware of the Cadastre Minier de la RDC (CAMI) having been modified to reflect the apparent grant of a PE to Manono Lithium SAS (a joint-venture between Cominière and Jinxiang Lithium Limited, a subsidiary of Zijin) (Manono Lithium) in respect of the land the subject of research permit no. 15775 (PR 15775).
ANNOUNCEMENT 5 August 2024 AVZ Minerals Limited 35/4 Ventnor Avenue West Perth, WA 6005 Australia T: + 61 8 6186 7600 F: + 61 8 6118 2106 E: [email protected] W: www.avzminerals.com.au ABN 81 125 176 703 Directors Non-Executive Chairman: John Clarke Managing Director: Nigel Ferguson Technical Director: Graeme Johnston Non-Executive Director: Rhett Brans Non-Executive Director: Casta Tungaraza Executive Director: Serge Ngandu Non-Executive Director : Salome Sijaona
2 | Page It is highly implausible that Manono Lithium has fully and properly complied with the requirements of the DRC Mining Code for the grant of such a permit in the time since it, in AVZ's view, invalidly acquired PR 15775.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held