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STRICKLAND METALS LIMITED Postal & Registered Office +61 ( 8 ) 9316 9100 Suite 6 , 7 The Esplanade Mt Pleasant WA 6153 ACN 109 361 195 info@stricklandmetals.com.au www.stricklandmetals.com.au Quarterly Activities Report March 2021 Corporate Board Changes • • Mr Anthony McClure joined the Board as Non - Executive Chairman . Mr Andrew Bray was appointed as Chief Executive Officer . Non - Executive Directors Mr David Morgan and Mr Trent Franklin were appointed . Directors Andrew Viner and Gary Powell announced their resignations from the Board . Mr Sleiman Majdoub replaced Mr Kevin Hart as Company Secretary Capital Raising • An underwritten $ 5 million pro - rata Entitlements Issue was announced on 12 April 2021 . Cash Position • The Company had cash of $ 890,000 at the end of the Quarter . Doolgunna Project Option • Following assessment of exploration results the Company withdrew from the Option to purchase 80 % of the Doolgunna Project . Horse Well Gold Project JV • Geological interpretation advanced . • Planning developed for 2021 field season . Paterson Project Revised drilling program planned to commence in May 2021 .