Paradox Lithium Project Update

For personal use only MINE PLAN & PROJECT INFRASTRUCTURE Permitted production wells planned at Long Canyon to extract brine¹ Early site works for two production pads completed² Brine transport pipeline to use existing corridors/ underground, minimizing environmental impact Processed brine to be reinjected to target horizon, reducing waste Power is readily available and will be supplemented by renewable energy (solar and hydro) at the planned production site, existing infrastructure to be leveraged Existing water rights secured for an initial term of 23 years from the Colorado and Green rivers near site³ Feed-in Pipeline Control Centre Array Building - 1x SMB Onsite Laboratory 1 - see ASX Announcement 20 October 2021. 2- see ASX Announcement 20 December 2021. 3 - see ASX Announcement 23 January 2023. Membrane Impurity Removal Hydro Unit/s Eluate Concentration ANSON RESOURCES Lithium Precipitation Impurity Removal - IX SMB Reinjection Pipeline Anson Resources | ASX: ASN Image (Top) showing completed site works for planned Production Pads; (Bottom) 3D Schematic of Plant Layout. 19 Package & Storage

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