Aeris Capital Raising Details slide image

Aeris Capital Raising Details

5 Strengthened Financial Position to Deliver 2024 Plan Capital raising outcomes Reduced balance sheet risk We are Aeris Post capital raising pro forma financial position Pre equity raise $21.9m¹ Cash Post equity raise $50.5m² Pro forma cash Improve working capital flexibility Assets optimised for cash generation Progressing strategic growth initiatives Maintained FY24 guidance $18.1m³ Net debt Physical inventories Mt Colin ore stockpiles (†)4 Tritton concentrate stockpiles (dmt)5 Additional Information $10.5m Pro forma net cash 113,080 1,080 The reconciled Cu grade of Mt Colin ore toll processed through the toll processing facility in August 2023 was 1.99% as per the Final Concentrate Quality Determination Certificate provide by the toll processing facility The copper content in Tritton copper concentrate as per the provisional sales invoice issued 30 October 2023 was 20.97% 123 1. Cash as at 30 September 2023 (unaudited). 4. 2. 3. Net proceeds of Equity Raising of $28.6m ($30m less $1.4m for fees relating to the Equity Raise). Cash less WHSP $50m debt facility - balance drawn as at 30 September 2023 (unaudited). Net debt excludes trade creditors of $63.9m (unaudited) as at 30 September 2023. 5. Surveyed or weightometer measured ore stockpiles as at 31 October 2023 located at the Mt Colin minesite and the toll processing facility. Surveyed or weightometer measured concentrate stockpiles in dry metric tonnes (dmt) as at 31 October 2023 located at the Tritton processing facility, Triiton rail siding, in-transit to Newcastle or in the Port storage facility at Newcastle. 14
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