Aeris Capital Raising Details

Stockman +10 year development project with primary permits in place High-grade, long life, Cu-Zn-Au-Ag development project Definitive Feasibility Study progressing - market update due Q2 FY24: - Ore Reserve of 9.6Mt at 1.9% Cu, 4.3% Zn, 1.0g/t Au, 36g/t Ag¹ Alternative proven processing flowsheet being investigated to improve metal recoveries and product qualities Key project consents in-place - Mining lease Tailings dam permit Opportunities to extend mine life with Bigfoot and Eureka resources Highly prospective tenements with over 50 drill targets identified Low holding costs / high option value We are Aeris 1. Refer to ASX announcement "Group Mineral Resource and Ore Reserve Statement" dated 18 Apr 2023. 25 25

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