Dear investors, we are pleased to announce strategic equity placements to major mining investment funds, Nebari and Delphi group, raising $4.5 million. Nebari, with a track record of over US$650 million invested in mining, will invest $3.5 million, providing potential future debt financing for Arrowsmith North. Delphi, an existing major shareholder, will invest an additional $1 million. These funds will support early works at Arrowsmith North and finalize engineering for the Arramall property purchase.

This Placement enhances institutional presence on our share register, a crucial step for project financing. CEO Tony Swiericzuk expresses gratitude for the institutions' confidence in our projects and development strategies. Nebari looks forward to growing with VRX, as we progress towards production at Arrowsmith North. The Placement isses of 102,941,176 fully paid ordinary shares and 51,470,588 options to Nebari, and 29,411,765 shares and 14,705,883 options to Sparta Invest AG. Post-issue, Nebari will hold a 10.46% interest, and Delphi group 13.66%.

We invite investors to engage with us on this development and look forward to your questions. Thank you for your continued support. For further information, do not hesitate to contact Tony Swiericzuk or Ian Hobson. Thank you for your ongoing interest in VRX Silica Limited.