Announcement PDF ACN 612 008 358 CONSOLIDATED FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2025 TEMPEST MINERALS LIMITED ACN 612 008 358 Phone: +61 8 9200 0435 Fax: +61 8 9380 6761 Address: Level 2, Suite 9 389 Oxford Street, Mount Hawthorn WA 6016 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Contents Cautionary Statements 2 Corporate Information 3 Letter from the Chairman 4 Review of Operations 5 Directors’ Report 21 Auditor’s Independence Declaration 32 Consolidated Statement of Profit or Loss and Other Comprehensive Income for the Year Ended 30 June 2025 33 Consolidated Statement of Financial Position as at 30 June 2025 34 Consolidated Statement of Changes In Equity for the Year Ended 30 June 2025 35 Consolidated Statement of Cash Flows for the Year Ended 30 June 2025 36 Notes to the Consolidated Financial Statements for the Year Ended 30 June 2025 37 Consolidated Entity Disclosure Statement 52 Directors’ Declaration 53 Independent Auditor’s Report 54 Shareholder Information 58 Interests in Tenements 60 Annual Mineral Resources and Ore Reserves Statement 62 Page 1 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Cautionary Statements Forward-looking statements This document may contain certain forward-looking statements. Such statements are only predictions, based on certain assumptions and involve known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control. Actual events or results may differ materially from the events or results expected or implied in any forward-looking statement. The inclusion of such statements should not be regarded as a representation, warranty or prediction with respect to the accuracy of the underlying assumptions or that any forward-looking statements will be or are likely to be fulfilled. Tempest Minerals Limited undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this document (subject to securities exchange disclosure requirements). The information in this document does not take into account the objectives, financial situation or particular needs of any person or organisation. Nothing contained in this document constitutes investment, legal, tax or other advice. Competent Person Statement The information in this report that relates to Exploration Results is based on, and fairly represents information compiled by Mr Don Smith, a Competent Person who is a member of AusIMM and the Australian Institute of Geoscientists (AIG). Mr Smith is the Managing Director of the Company and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resource and Ore Reserves”. Mr Smith consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. Information relating to Previous Disclosure This report contains information extracted from previous ASX market announcements reported in accordance with the 2012 JORC Code and is available for viewing at www.tempestminerals.com. The information in this report that relates to exploration results and exploration targets as reported above were last reported by the Company in compliance with the 2012 Edition of the JORC Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. The Company confirms that it is not aware of any new information or data that materially affects the information included in the market announcements referred to above and further confirms that all material assumptions and technical parameters underpinning the exploration results and exploration target contained in those market releases continue to apply and have not materially changed. Compliance Statement The information in this operations report that relates to the Mineral Resource for the Remorse Project are extracted from the ASX Announcement listed below which is available on the Company website at www.tempestminerals.com and the ASX website ( ASX code: TEM): Date 8 May 2025 Announcement Inaugural JORC Mineral Resource - Remorse Project - Amended The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. Page 2 TEMPEST MINERALS LIMITED - ACN 612 008 358 Corporate Information Directors and Company Secretary Brian Moller (Non-Executive Chairman) Don Smith (Managing Director) Andrew Haythorpe (Non-Executive Director) Owen Burchell (Non-Executive Director) Paul Jurman (Company Secretary) Head Office and Registered Office Tempest Minerals Limited Level 2, Suite 9 389 Oxford Street Mt Hawthorn, WA 6016 Tel: +61 8 9200 0435 www.tempestminerals.com Auditors HLB Mann Judd Level 4, 130 Stirling Street Perth WA 6000 Share Registry Automic Pty Ltd Level 5, 126 Phillip Street Sydney NSW 2000 Tel: 1300 288 664 www.automicgroup.com.au Stock Exchange Listing Australian Securities Exchange Ltd ASX Code: TEM Australian Company Number 612 008 358 Solicitor HopgoodGanim Lawyers Level 8, Waterfront Place 1 Eagle Street Brisbane QLD 4000 Tel: +61 7 3024 0000 Fax: +61 7 3024 0300 www.hopgoodganim.com.au Page 3 ANNUAL REPORT 2025 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Letter from the Chairman Dear Shareholders On behalf of the board of directors of Tempest Minerals Ltd (Tempest or the Company), I take pleasure in presenting the Annual Report for 2025. During the past year we have focussed on iron, gold and copper exploration in Western Australia. At Yalgoo we have progressed our iron ore discovery at Remorse, with release of a mineral resource estimate, positive metallurgical testing and continue to work with Green Steel & Iron Pty Ltd with a view to progressing establishment of a green steel production facility in the region. A new iron target at Halo has also been identified. We are also progressing work on our highly prospective Range gold project at Mt Magnet and drilling is set to begin. We also continue to look at other opportunities, in the best interests of our shareholders. I would like to extend my thanks to Mr Don Smith, the Company’s Managing Director, my fellow directors and the management team for their ongoing efforts in progressing the Company’s projects and look forward to being able to update all shareholders with the progress on exploration of our projects over the course of the company year. On behalf of the Board, I thank you for your continued support and look forward to bringing our further news as our exploration efforts continue. We also respectfully acknowledge the Traditional Custodians of the land in which we operate and pay our respect to all the elders, past, present and emerging, who carry deep knowledge of these lands. We commit to being open to receive this knowledge and incorporate it into the work we do. We recognise their continuing connection to the land, waters and culture in the area in which we operate. Yours faithfully Brian Moller Chairman Page 4 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Yalgoo Tempest’s flagship project is the Company’s holding in the Yalgoo region of Western Australia. It totals more than 1,000 km2 and is located near high-profile neighbours across multiple commodities, including Base Metals (29 Metals Ltd—ASX:29M; Tungsten Mining NL —ASX:TGN), Gold (Spartan Resources Ltd—ASX:SPR; Vault Minerals Ltd—ASX:VAU; Capricorn Metals Ltd—ASX:CMM), and Iron (Fenix Resources Ltd—ASX:FEX; Karara Mining Limited and Sinosteel Midwest Group). Figure 01: Yalgoo Projects Overview Tempest has used data-driven processes to identify poorly or unexplored areas of highly prospective geology. This approach has had considerable success and includes the discovery of multiple instances of new mineralisation including the substantial Remorse magnetite deposit in 2024. The project contains a number of different geological domains, though much of these have considerable overlap. Within these domains, exploration targets continue to be identified through ongoing exploration and data analysis and are being explored systematically according to prioritisation based on geological and other criteria. Remorse Iron Deposit Drilling In August 2024, after weather related delays, Tempest commenced earthworks at the Remorse target followed by the first round of exploration drilling at Remorse in September. Work was completed in November for a total of 4,005m of RC (reverse circulation) drilling. The drilling was targeted at the substantial base metal prospect previously outlined, however, early drilling also encountered multiple thick zones of magnetite iron including maximum sample grades of in excess of 39% Iron. Page 5 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Discovery Upon completion of drilling, it was established that the concentration of magnetite iron is substantial and multiple drillholes reported potentially economic intercepts. Geologically, it also became evident that there are numerous layers of iron concentration over approximately a 5km strike length with widely spaced drilling showing consistent mineralisation over more than 2 kilometres. WARDH00160 32m @ 30% Fe from 96m (including 7m @ 37% Fe). WARDH00180 17m @ 34% Fe from 134m WARDH00169 20m @ 32% Fe from 120m and 11m @ 30% Fe from 182m WARDH00166 7m @ 32% Fe from 96m WARDH00171 8m @ 30% Fe from 130m Figure 02: Section through iron mineralisation WARDH00169 and WARDH00163-165 Intercepts from lesser parallel magnetite units. SITE_ID FROM (m) To (m) Length (m) Fe_% WARDH00160 58 61 3 34.1 WARDH00163 85 87 2 30.0 WARDH00163 194 200 6 29.8 WARDH00164 24 27 3 30.3 WARDH00165 80 84 3 27.9 Page 6 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations SITE_ID FROM (m) To (m) Length (m) Fe_% WARDH00166 81 85 4 29.5 WARDH00167 76 78 2 30.6 WARDH00172 198 200 2 32.1 WARDH00173 110 113 3 30.0 WARDH00178 117 123 6 30.5 WARDH00180 97 102 5 32.5 WARDH00180 105 108 2 30.9 Exploration Target Following on from the multiple magnetite units (up to 6 mapped at the surface) being intersected with up to 27m true thickness and composite grades in excess of 30% Iron with maximum grades of up to 39% Iron, Tempest released an exploration target indicating the potential deposit size. Due to: a) the consistency of results encountered during drilling in terms of geometry, thickness and grade; b) the very strong correlation of the modelling present prior to drilling; c) the extensive outcrop on site which the drilling and model match exceptionally well and is definable over multiple kilometres; the confidence in the deposit is already above that often considered for an ‘Exploration Target’ and, as such, considered conservative. Table 01: Exploration Target Summary. Tonnage Range Fe Grade Range Tonnes - Upper (mt) Tonnes - Lower (mt) %Fe - Upper %Fe - Lower 110 50 32 30 Note: The potential quantity and grade of the Exploration Target is conceptual in nature and as such there has been insufficient exploration drilling conducted to estimate a mineral resource. At this stage, it is not guaranteed further exploration will result in the estimation of a mineral resource. The Exploration Target has been prepared in accordance with the JORC Code (2012) and the Valmin Code (2015). Resource Estimate In May 2025, Tempest completed an inaugural mineral resource estimate for the Remorse Deposit. The estimate comprises an Inferred category total of 63.5 Mt @ 30.6% Fe (JORC 2012) at a 28% Fe cutoff. The estimate matches well with the previously released initial Exploration Target for Remorse which was based on the entire known outcropping area of the deposit whereas the resource estimate was constrained by areas drilled and conservative estimate parameters. Further drilling and different cutoff grades provide substantial upside and will likely result in a substantial increase in the total resource estimate for the deposit. Page 7 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Figure 03: Remorse location, resource model and estimate. Figure 04: Remorse Resource Estimation vs outcropping and identified mineralisation. Page 8 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Figure 05: Remorse Resource Estimation Grade tonnage curve Table 02: Grade tonnage curve data: Mt at selected cut-off grades Cut-off Grade Tonnes ≥ Cut-off Average Grade ≥ Cut-off Material Content Fe% Mt Fe% % 28 63.5 30.6 59.8 26 79.7 29.9 73.3 24 94.4 29.2 84.7 22 99.6 28.9 88.4 20 106.5 28.4 92.8 Metallurgy In February 2025, Tempest announced the commencement of metallurgical testing for the magnetite mineralisation at the Remorse Deposit. Over 5 tonnes of sample were collected, and a total of 9 composite samples were generated and submitted for a variety of metallurgical laboratory tests. Page 9 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Final data was received and announced in June 2025 with outstanding results including a Davis Tube Recovery of 70.1% Fe. Table 03: Summary of DTR testwork for Fe% and significant contaminants. * Composite Al203 % Si02 % S% P% 1 68.79 0.12 3.82 0.08 0.031 2 68.88 0.19 3.55 High iron. Up to 0.9% Sulphur provides an exploration 0.86 0.015 vector for additional gold and base metal mineralisation. 3 70.08 0.08 2.16 Outstanding iron result in the thickest and most central 0.10 0.009 part of the deposit. 4 68.95 0.05 3.22 0.25 0.007 P80 25μm Fe % Comment High iron, low contaminants. High iron, low contaminants. Excellent iron result with very low contaminants. 5 69.17 0.04 3.54 0.02 0.009 6 65.71 0.01 7.39 0.11 0.080 7 69.42 0.05 2.71 0.21 0.008 8 63.00 0.60 Good iron result despite being distal, thin 10.24 0.10 0.070 mineralisation currently not considered for mining or economic analyses. 9 63.91 0.07 9.20 Acceptable iron, moderate silica. Excellent iron result with low contaminants. Good iron result despite being distal, thin 0.55 0.048 mineralisation currently not considered for mining or economic analyses. *At the optimal P80 25μm grind size. Detailed DTR testwork results for all grind sizes and assayed elements are included in the ASX announcement dated 16 June 2025 - Yalgoo Update - Further Excellent Metallurgical Results From Remorse. Page 10 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Figure 06: Plan view of Remorse Deposit with drill intercepts and metallurgical sampling locations Figure 07: Long section of Remorse Deposit with drill intercepts and metallurgical sampling locations Steel Developer MOU In February 2025, Tempest signed a binding MOU with steel developer Green Steel and Iron Pty Ltd. This established a collaboration framework between Tempest and Green Steel to explore potential development opportunities and natural synergies for the Remorse deposit, with a focus on producing high-grade magnetite concentrate for use in green steelmaking processes. Page 11 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Development Potential The outstanding geology, exploration target, resource estimate, metallurgy and commercial agreement with a nascent steel developer in the region confirms the Company’s belief that the Remorse Deposit has high potential to be rapidly developed into a low-cost, from surface, open pit operation with major infrastructure including rail to port as well as multiple processing options available within short haulage distance. Remorse Base Metal Potential Remorse sits nearby a number of historical gold, iron and base metal occurrences. Previous sampling at the target (which defined the target) indicated a particularly coherent core of copperzinc. Notably, the copper and zinc anomalism appears as ‘layered’ with a predominance of copper to the NorthEast and increased and a more dispersed zinc halo to the SouthWest. The target also exhibits nickel, rare earth zones which are sometimes found within peripheral alteration halos in some other large VMS systems. This type of zonation is typically seen within VMS deposits and is related to the preferential crystallisation of mineralisation relative to the proximity of a local heat source and the metal concentration source. Prior to the 2024 drilling, the Company completed an additional extension geochemical survey that further enlarged and defined the target. Surface geochemical sampling was also combined with advanced multi sensor array analysis which showed matching geological features including alteration halos and a likely matching proxy for temperature gradient of the mineralising system. Page 12 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Although first-pass exploration drilling discovered a substantial iron deposit at Remorse has rightly taken much of the focus in FY24-25, Tempest considers much of the base metal potential at the project to be largely untested. Additionally, (while highly anomalous copper was intercepted in several drillholes) the drilling results received overall to date do not adequately explain the accumulated evidence of VMS-style base metal geology - particularly the tenor of copper and zinc in the surface geochemistry. Tempest will continue to assess the base metal potential in tandem with the development of the Remorse Iron Deposit. Figure 08: Remorse Copper/Zinc Anomaly Page 13 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Figure 09: Remorse ASD Data (Copper Minerals - Top) (Alteration Minerals - Bottom) Page 14 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Figure 10: Cross-Section through initial iron mineralisation WARDH160-162 Sanity At the Sanity Prospect, Tempest undertook further geochemical sampling. The goal of the work was to provide further enhanced definition of the previously identified gold anomaly to assist potential drill designs. The sampling density was increased from 200m x 200m to 100m x 100m, significantly improving the resolution of the geochemical data and highlighting a more coherent and continuous gold anomaly and increase the confidence of a potential for a large-scale mineralised system. Gold peaks of up to 294ppb further confirm the robustness of the anomaly where individual rock chips from nearby mine workings (shafts) within the same geology trends have returned results of up to 7g/t gold and 0.2% copper and >60% Iron as well as elevated nickel and other elements above standard crustal levels. Page 15 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Figure 11: Sanity Target, magnetics and surface sampling results - Gold Mt Magnet Mt Magnet Region Mt Magnet is a premier multi-million-ounce gold mining centre with numerous large-scale, long-life open pit and underground mines currently in operation. The region hosts major resources companies such as Ramelius Resources Ltd and Westgold Ltd as well as considerable current exploration success by companies such as Ordell Minerals Ltd. Historically, like much of Western Australia, exploration in the Mt Magnet field has focussed primarily on a narrow mineralisation model. More recent geological understandings show the presence of other mineralisation types in the region with examples such as the Quasar, the significant Eridanus and the developing Barimaia deposits. Page 16 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Figure 12: Overview of Mt Magnet major tenement holdings Range Project Located in the heart of the Mount Magnet mineral field and 5km along strike of the prolific +6Moz Mount Magnet Operations, the Range Project consists of 17 tenements covering 20km2. Tempest has been exploring the Range project for some time, including analysing historical data, leading to a number of exploration prospects being generated. Tempest previously discovered gold and tourmaline-bearing felsic volcanics along strike from the adjacent Britannia Open Pit known as the Wrangler Target. Tempest anticipates drill testing Wrangler and other more recently identified high-priority drill targets within calendar Q3 2025. Figure 13: Wrangler Target relative to existing Open Pit (Tempest tenure in red) Page 17 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Five Wheels The Five Wheels Project is 266km2 of granted tenure in the Earaheedy region of Western Australia proximal to the high-profile world-class Rumble Resources Ltd (ASX:RTR) discoveries. The project remains largely under-explored (or unexplored for base metals) and shares similar geology to both the nearby Rumble Resources Chinook deposit and the emerging Strickland Metals Ltd (ASX:STR) zinc-lead-copper discoveries. The Project is located in the Earaheedy Basin, where a major geological unconformity surrounding the edge of the basin hosts the initial Rumble Resources discoveries. More recent exploration implies that multiple key geological sequences are or have the potential to be mineralised, and the prospectivity is more widespread than originally considered. Figure 14: Five Wheels Project Overview During FY 2024-25, Tempest completed reconnaissance geological mapping, surface geochemistry sampling and worked closely with the various regional heritage partners. Page 18 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Figure 15: Five Wheels Project historic target areas Elephant The Elephant Project comprises 194km2 (135km2 granted - 59km2 application) of highly prospective exploration leases. The location on the edge of a geological block with (the suture between the Yilgarn and Albany-Fraser) is a favourable location for major discoveries as evidenced by the presence of multiple world class deposits in similar environments along this trend. The project was pegged primarily due to a strong geophysical anomaly and coincident geochemical data from nearby previous exploration. The large scale and nature of the anomaly bear similarities to other world class deposits in the regions such as Tropicana of which Tropicana peak soil was 31pbb with 0-15m cover while the Elephant Target is 5-10pbb with 100-150m of cover. Figure 16: Elephant Project with geophysics and historic gold bearing drillhole Page 19 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Review of Operations Tolu Investment (PNG) Tolu Minerals Ltd (Tolu) successfully completed their Initial Public Offering (IPO) on the ASX on 9 November 2023. Tolu highlight assets are the Tolukuma Gold Mine and Mt Penck Projects in Papua New Guinea. Tempest previously subscribed for 2,702,703 Shares at an issue price of A$0.37 for a total investment of A$1 million which assisted in the final stage of acquisition of the Tolukuma Gold mine and brought exciting exposure to high grade pre-production projects into Tempest’s portfolio. During the period Tempest sold the balance of its Tolu shares for proceeds amounting to $639,108. The sale of the profitable investment in Tolu provided further working capital to progress exploration works at the Company’s existing projects including initial focus on the Remorse copper target in Yalgoo. Australian Lithium During the period, Tempest relinquished all West Australian granted and pending lithium targeted tenure applications as other projects have been prioritised for exploration and development. African Lithium Tempest previously entered into a sale agreement with African focussed multi-commodity explorer Premier African Minerals Limited (AIM listed under the ticker PREM) to purchase the African projects. Tempest retains exposure to the projects and Premier through this equity holding of 25,000,000 shares. USA Lithium The Company sold its 80% interest in the Tonopah Lithium Project in Nevada, United States of America, to ASX listed Argosy Minerals Ltd (ASX: AGY) in 2020. Tempest retains exposure to the project through an agreed milestone payment of $250,000 payable upon Argosy announcing a JORC compliant reserve at the project of at least one million tonnes of lithium carbonate equivalent product or the commencement of commercial production of lithium product at the Tonopah Lithium Project. Corporate Capital Raising On 31 May 2024, the Company announced a non-renounceable entitlement offer to eligible shareholders of one new fully paid ordinary share for every five shares held at an issue price of $0.008 per share, to raise approximately $830,602 (before costs). On 10 July 2024, after the close of the entitlement offer and achieving a 23.36% take-up rate, the Company issued a total of 24,251,886 shares to raise a total of $194,015 (before costs). On 7 August 2024, the Company announced it completed the placement of the Shortfall arising from the non-renounceable entitlement offer and issued 79,573,471 shares raising a further $636,587. For managing the Shortfall, the facilitator as part of its compensation, subscribed for 9,946,684 options exercisable at $0.016, expiring on or before 6 August 2026 at an issue price of $0.00001. In May 2025, Tempest announced it had raised $400,000 (before costs) via a placement of 100 million fully paid ordinary shares at an issue price of A$0.004 per share together with 25 million free attaching options with an exercise price of $0.01 and expiry date of 31 May 2027. In May 2025, Tempest announced a non-renounceable rights issue to Eligible Shareholders of one (1) New Share for every two (2) Shares held at an issue price of $0.004 per New Share (together with freeattaching options exercisable at $0.01 on or before 31 May 2027 to be issued on the basis of one (1) option for every four (4) New Shares issued) to raise approximately $1,469,061 (before costs) (Entitlement Offer). The Entitlement Offer was made by way of a prospectus prepared in accordance with section 713 of the Corporations Act 2001 (Cth) lodged with ASIC and ASX on 9 May 2025. In June 2025, Tempest advised it accepted applications for a total of 143,273,067 New Shares and 35,818,318 New Options, amounting to $573,093. The resulting shortfall from the Entitlement Offer was 223,992,131 New Shares and 55,998,035 New Options (Shortfall), which was successfully placed later in June 2025 raising a further $895,968 (before costs). Page 20 TEMPEST MINERALS LIMITED - ACN 612 008 358 ANNUAL REPORT 2025 Directors’ Report The directors submit their report on the consolidated entity (“Group”) consisting of Tempest Minerals Limited and the entities it controlled at the end of, and during, the financial year ended 30 June 2025. Directors The following persons were directors of Tempest Minerals Limited during the financial year and up to the date of this report, unless otherwise stated: Brian Moller Don Smith Andrew Haythorpe Owen Burchell Information on Directors The board has a strong combination of technical, managerial and capital markets experience. Expertise and experience include operating and mineral exploration. The names and qualifications of the current directors are summarised as follows: Brian Moller – Non-Executive Chairman LL.B (Hons) Brian specialises in capital markets, mergers and acquisitions and corporate restructuring, and has acted in numerous transactions and capital raisings in the industrial, resources and energy sectors. He was a partner at the legal firm, HopgoodGanim until 30 June 2024 and lead the Corporate Advisory and Governance practice and remains a consultant to the firm. Mr Moller acts for many publicly listed companies in Australia and regularly advises boards of directors on corporate governance and related issues. Brian is a solicitor of the Supreme Court of Queensland and Solicitor and Barrister of the Supreme Court of Western Australia. During the past three years, Mr Moller has also served as a director of the following listed companies:  DGR Global Ltd* (since 2 October 2002)  Clara Resources Limited (appointed1 December 2006, resigned 8 March 2025)  Newpeak Metals Limited* (since 22 January 2003)  Platina Resources Ltd* (since 30 January 2007)  Mineral Commodities Limited* (since 23 December 2022)  Tolu Minerals Limited (admitted to the official list on ASX on 9 November 2023, appointed 24 February 2022, resigned 16 June 2024) *denotes current directorship Brian is a member of the Audit & Risk Management Committee. Don Smith – Managing Director Don is a geologist and entrepreneur with over 20 years in the mining industry. He has worked in operational, development, exploration and consultant roles for junior through to multinational firms spanning over 10 countries and numerous commodities including base metals, precious metals and energy minerals. Don has a Bachelor of Science from Newcastle University and a Master of Business Administration from the Australian Institute of Business. Don is a member of the Australasian Institute of Mining and Metallurgy (AusIMM), the Australian Institute of Geoscientists (AIG) and the Geological Society of Australia (GSA). Don sits on the board of TSX-V listed International Prospe