Morning, and welcome to the EGM of AIC Mines. I am Aaron Colleran, the Non-Executive Chairman of AIC Mines, a role I have held now for all of four weeks. This is my first ever EGM. I am joined on my right by my fellow directors, Linda Hale and Jon Young, and on my left by our Company Secretary, Audrey Ferguson. AIC Mines' new Managing Director, Clint Donkin, and Director, Mark Le Messurier, are joining the meeting by Zoom from our head office in Sydney. You will have the opportunity to meet with them face-to-face when they are here in Perth for the company's AGM in three weeks' time. That is Wednesday, November 25. Right here, actually, in the same room probably. Today's meeting has been convened to consider two resolutions relating to the proposed acquisition of Materra Metals Limited, the owner of the Mount Cuthbert Copper Project. The resolutions seek approval to issue shares as consideration for the acquisition and to complete a AUD 70 million placement to Hawke's Point Resource Finance and its affiliates. Both resolutions must be approved for the transaction to proceed. Mount Cuthbert is a project that we have long coveted. We consider it the most prospective undeveloped copper project in the Mount Isa-Cloncurry region. Mount Cuthbert is an excellent strategic fit for AIC Mines, located about 150 km northwest of our Eloise operation. It provides a second production center, potentially in northwest Queensland. The project has an initial Mineral Resource of 18.7 million tons, grading 1.3% copper, and containing approximately 246,000 tons of copper. Around three-quarters of that resource is sulfide, and it is the sulfide that we are focused on. Those deposits remain open, both along strike and at depth. The extent of the sulfide system, in fact, has seen limited exploration in the past. We believe there is considerable potential to grow that resource to support the development of a standalone operation producing copper in concentrate, similar to what we do in our Eloise operation. The AUD 70 million placement to Hawke's Point is an important component of the acquisition. This funding will allow us to accelerate resource drilling and development studies at Mount Cuthbert over the next two years, while continuing underground development at Jericho, resource extension drilling at Jericho, and regional exploration from cash flow. We plan to drill approximately 60,000 meters of diamond core at Mount Cuthbert over the next two years to define the scale and continuity of the sulfide system. Our aim is to scope the size of the operation that these systems can potentially support and use that information to inform development studies and permitting applications. Importantly, the experience we have gained developing the Jericho Copper Mine and expanding the Eloise processing plant will be very valuable and relevant at Mount Cuthbert. Today, I am also pleased, very pleased, to provide an update on progress at Eloise. Construction of the processing plant expansion is now complete, and ore commissioning has recently commenced. First ore has been fed into the new ball mill, and the new crushing and concentrate filtration circuits are up and running. They are operational. Ramp-up and performance testing will continue through the December quarter. Ore production from Jericho is ahead of schedule and ready to support the increase in plant throughput. So, we have taken, and I think shareholders will understand this, we've taken Jericho from exploration project to mining operation in less than four years, an impressive outcome. I'll now proceed to the formal business of the meeting. I'll provide shareholders attending in person with an opportunity to ask questions about the resolutions as we address each resolution. Shareholders joining via the webcast are in listen-only mode. In respect to the formalities of today's meeting, I note the following. We have a quorum in attendance with the requirements of the company's constitution. Proxies have been received from 261 shareholders, representing just over 411 million ordinary shares, being just over 50% of the company's issued capital. Thank you. The notice of meeting was dispatched on the 6th of October to all registered members, and I propose that the notice of this meeting be taken as read, and the minutes of the AGM of shareholders, our last shareholder meeting, held on Wednesday, 19th of November 2025, are available for inspection. To streamline the meeting, details of the resolutions and the proxy votes for each resolution will be displayed on screen. I don't intend to read each of them out. Voting on all resolutions at today's meeting will be by way of a poll at the end of the meeting. Our share registrar, Computershare, will oversee the conduct of the poll and act as scrutineers. We'll now proceed to consider the formal business of the meeting. Resolution one, issue of consideration shares. I move that resolution one, as displayed on the screen and set out in the notice of meeting, be passed as an ordinary resolution. Are there any questions? As mentioned earlier, all resolutions will be put to a poll at the end of the meeting. Resolution two, issue of placement shares. I now move that resolution two, as displayed on the screen and set out in the notice of meeting, be passed as an ordinary resolution. Are there any questions? This resolution will be put to the poll at the end of the meeting. We'll now conduct the poll on the resolutions. Computershare, your time to shine. Thank you. Thank you very much. The persons entitled to vote on the poll are all shareholders, representatives, and attorneys of shareholders, and proxy holders who hold green admission cards. All those instructions have been understood and completed. Please ensure you print your name or indicate and sign the voting paper. When you are finished filling in your voting paper, please lodge it in the ballot box or hand it across to Computershare. If you require any assistance, please raise your hand. All good. We are done. Sounds more like an auction. It is not. We have got a very small number of shareholders in attendance. Would you please, yep, indicate by raising your hand and lodge. We are done. Thank you. That concludes the formal business of the meeting, and I formally close the poll. Final results of the resolutions will be announced on the ASX later today, although, as you saw from the proxy voting already received, strongly in favor. There being no further business, I now declare the extraordinary general meeting closed at 11:06 A.M. Thank you very much for attending.
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