Financial Close & First Funding Drawdown for Gorno

HIGHLIGHTS • The Gorno Project (Gorno) has been transferred to Vedra Metals SRL (Vedra), a special purpose joint- venture company owned by Altamin (via its wholly owned subsidiary, Energia Minerals (Italia) SRL (EMI)) and Appian Italy B.V (Appian), following completion under the binding subscription and joint venture agreement (Joint Venture Agreement). 1 • Appian has paid ~A$3.8 million (US$2.6 m