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Impact funded to complete Pre-Feasibility Study at Lake Hope

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Impact funded to complete Pre-Feasibility Study at Lake Hope

Impact funded to complete Pre-Feasibility Study at the

Lake Hope High Purity Alumina Project, WA

Strategic A$3 million placement mostly supported by major shareholders to be issued under the Company's existing available placement capacity under ASX Listing Rule 7.1.

In addition, funds being received from exercise of listed options (IPTOB) into shares.

Anticipated Research and Development Rebate of $395,000 due shortly.

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