Dispatch of Prospectus and Entitlement & Acceptance Form

We are excited to announce the opening of our Renounceable Rights Offer, with the dispatch of the Prospectus and Entitlement & Acceptance Form to eligible shareholders. The Offer, priced at 4 cents per New Share, aims to raise up to approximately $6.23 million and includes additional benefits such as free attaching New Options. Shareholders have the opportunity to trade their rights and apply for extra shares and options. The Offer period closes on Friday, 19 June 2026, with funds primarily allocated to advancing our projects at Arrowsmith North and Muchea. Detailed terms and key dates can be found in the Prospectus.

For investors interested in participating or seeking more information, we encourage a thorough review of the Prospectus provided. Our team is available to address any queries you may have, ensuring a clear understanding of the offer. The Company's progress and commitment to its silica sand projects, including Arrowsmith, Muchea, and Boyatup, underscore our position as a leading player in the industry. Any questions or clarifications can be directed to your stockbroker, accountant, or professional adviser. Let's continue our journey of growth and prosperity together. Feel free to reach out with any inquiries.