Study on Arctic Mining in Greenland, page-61

I posted this news a few months ago, however, I believe it is worth posting again:

Ironbark Zinc Limited (“Ironbark”, “the Company” or “IBG”) is pleased to announce that a non-binding
Memorandum of Understanding (“MOU”) has been executed between the Company and Norwegian group
Leonhard Nilsen & Sønner (“LNS”) regarding a possible equity investment in, and contractual arrangement for
services to, the Company’s flagship Citronen Project.

https://www.asx.com.au/asxpdf/20220523/pdf/4596l70xjgm7qh.pdf


Here is another more recent and IMHO very important announcment from last month:

Citronen Project & Financing Update:

https://www.asx.com.au/asxpdf/20220811/pdf/45cr2qfcc74fsy.pdf

Ironbark Zinc Limited (“Ironbark”, “the Company” or “IBG”) is pleased to issue the following update on its project
timeline and funding strategy for the Citronen Project.
Executive Summary
• US EXIM Bank 2022 site visit successfully completed in July 2022; major due diligence condition
satisfied
• Principals from Norway based Arctic specialist LNS A/S – Ironbark’s prospective equity and operating
partner at Citronen – also attended site along with EXIM
• Goal to achieve FID in 2022 now extended with Board considering additional pathways to realise
value from Citronen
• Zinc continues to trade above Citronen BFS price despite substantial volatility in metal markets

GLTAH.