PERTH, Western Australia (24 June, 2024) - Reward Minerals...

PERTH, Western Australia (24 June, 2024) - Reward Minerals Limited (ASX:
RWD) (Reward or the Company) is pleased to advise that the International
Preliminary Examining Authority (IPEA) has provided a positive Preliminary Report on
Patentability of its processing technology (Reward Process) for recovery of Potassium
Sulphate (K2SO4 or SOP) directly from concentrated seawater and other highsulphate brines.
Upon examination of Reward’s filings in relation to the Reward Process1
the IPEA
found that claims 1-17 meet the requirements for novelty under Patent Cooperation
Treaty (PCT) Article 33(2), inventive step under PCT Article 33(3) and industrial
applicability under Article 33(4).
The next action required is the filing by Reward of national/regional phase
applications by February 2025, in the countries/regions where Reward wishes to seek
patent protection.
Reward has not yet finalised its list of countries/regions it wishes to seek patent
protection however it will include Australia and countries that produce or plan to
produce significant solar salt from seawater in favourable locations. Refer to Figure 1
for the majority of the worlds seawater derived solar salt production locations.