Announcement PDF metalliuminc.com ENGAGE WITH METALLIUM ON INVESTORHUB: HERE Metallium Limited ASX: MTM | OTCQX: MTMCF | OTCQX ADR: MTLMY AUS: Perth, Western Australia USA: Houston, Texas ASX Release Published: 30 October 2026 QUARTERLY ACTIVITIES & CASHFLOW REPORT Metallium Limited (“Metallium” or the “Company”) (ASX: MTM; OTCQX: MTMCF; OTCQX ADR: MTLMY) is pleased to report on the September 2026 quarter, during which the Company received its first technology-services revenue, completed its first multi-reactor chlorination campaign and advanced the printed circuit board (PCB) processing flowsheet that remains its principal near-term commercial focus at the Gator Point Technology Campus (“Gator Point”) in Texas. KEY HIGHLIGHTS ▪PCB study and pathway to revenue: Metallium plans to publish its Implementation Plan assessing the standalone 8,000 tpa PCB processing modules, including annual revenue ranges across different feed metal grades. Initial PCB metal-product revenue is conservatively anticipated in the first half of calendar 2027, with staged ramp-up planned from the second half. Saleable metal-bearing intermediates may be generated earlier, subject to process deployment, commissioning and product requirements. ▪Cash and funding: Metallium held A$50.7 million in cash and cash equivalents at 30 September 2026. Potential offtake-linked prepayments, working capital and equipment financing are being evaluated to support staged development and reduce upfront cash requirements. ▪Multi-reactor chlorination campaign completed: Three FJH reactors operated in parallel during a 12- hour campaign using PGM-bearing catalytic converter feedstock, progressing the platform from inert commissioning into reactive processing. The campaign generated detailed commissioning data to guide further optimisation. ▪Preliminary PCB recovery results: Preliminary batched pre-processing testwork indicates recoveries above 90% for copper, gold, silver, tin and palladium into mixed metal-bearing saleable streams. Further testing and reconciliation continue, alongside patent protection for the proprietary PCB processing flowsheet. ▪First technology-services revenue: Initial US$500,000 payment received from Environmental Clean Technologies (ECT) under the 12-month MXene technology-services agreement, with MXene subsequently produced on Metallium’s FJH platform in the first two runs. ▪Traxys commercial and financing framework (post quarter end): Non-binding MOU signed with global commodity trader Traxys to evaluate feedstock sourcing and funding, tolling, offtake, hedging, offtake- linked prepayment and potential strategic investment structures. ▪Government engagement and site visits: Flash Metals Texas completed US$250,000 of paid work during the September quarter in support of U.S. Government contracts and technology development. Engagement with U.S. Government agencies continued, and Gator Point hosted visits by partners, customers and local officials. For the quarter ended 30 September 2026 2 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) Figure 1: Gator Point Technology Campus, Texas. Managing Director and CEO Michael Walshe commented: “I am extremely proud of the progress our team has made at Gator Point, completing our first multi-reactor chlorination campaign and securing our first technology-services revenue. We recently filmed a short documentary introducing the team and showcasing Gator Point, which we will release soon. “Optimisation of our proprietary PCB flowsheet has delivered very encouraging preliminary results, with recoveries above 90% for copper, gold, silver, tin and palladium into metal-bearing streams. These results strengthen our confidence in our ability to offer a compelling alternative to conventional smelting, with further validation and downstream product qualification continuing. Establishing PCB processing at Gator Point remains our immediate commercial priority. Our forthcoming Implementation Plan will assess the economic potential of our standalone 8,000 tpa modules, including indicative annual revenue ranges across different feed metal grades. This will give shareholders a clearer view of the scale of the commercial opportunity and the roadmap for staged expansion. “The multi-reactor FJH chlorination campaign was an important engineering milestone, generating detailed operating data to further refine reactor configuration, feed preparation and processing conditions.” “Receiving the first payment under the ECT agreement, and seeing MXene produced on our platform within weeks of signing, shows that Gator Point can generate revenue as a technology campus while we build our own processing business. “We finished the quarter with more than A$50 million in cash and remain focused on disciplined capital deployment. Our MOU with Traxys provides a framework to pursue offtake-linked prepayments, inventory and working capital financing, and potential funding for equipment expansion. Linking feedstock supply, product offtake and financing provides options to scale the business while preserving cash and reducing reliance on further equity funding.” 3 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) 1. PCB PROCESSING AND COMMERCIAL PRIORITIES Printed circuit board (PCB) processing remains Metallium’s principal near-term commercial priority. Work during the quarter advanced the flowsheet, equipment selection and target saleable product streams, supporting a staged pathway to revenue from electronic waste at Gator Point. The previously disclosed Stage 1 planning basis targets approximately 8,000 tonnes per annum, with binding feedstock supply contracts covering approximately 4,000 tonnes per annum (approximately 50% of the Stage 1 target). The forthcoming Implementaion Plan assesses standalone 8,000 tpa PCB modules as a basis for staged commercial development. 8,000 tpa PCB module Implementation Plan Metallium is preparing the Implementation Plan to define the economic potential of standalone PCB processing modules, each based on a throughput of 8,000 tonnes per annum. The Implementation Plan is expected to be released shortly and will present indicative annual revenue ranges across different feed metal grades, giving shareholders a clearer view of the scale of the commercial opportunity and the roadmap for staged expansion. The Plan draws on testwork results and targeted saleable products, with the key assumptions underpinning the revenue scenarios identified. The Plan defines equipment procurement priorities and the proposed sequence of staged commissioning at Gator Point. Publication remains subject to final technical and commercial review and Board approval. Pathway to initial product sales Initial PCB metal-product revenue is anticipated in the first half of calendar 2027, with staged ramp-up planned from the second half. Saleable metal-bearing intermediates are expected to be generated earlier, subject to process deployment, commissioning and product requirements. Intermediate Product generation, customer qualification, sales and achievement of operating capacity are separate milestones. The ECT technology-services revenues are separate from future PCB metal-product sales. 2. PCB PROCESSING TESTWORK Testwork and internal assessment advanced Metallium’s proprietary PCB processing approach during the quarter. Preliminary testwork indicates recovery above 90% for copper, gold, silver, tin and palladium into mixed metal-bearing streams. These results remain subject to further testing, optimization and reconciliation, with hydrometallurgical refining and product qualification continuing as part of the deployment program. Further work is focused on validating recoveries and product characteristics, reconciling feed and output assays, and optimizing downstream processing based on customer requirements. The results will inform the planned 8,000 tpa PCB module Implementation Plan and staged commercial development at Gator Point. Figure 2: PCB feedstock and test facilities. 4 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) 3. GATOR POINT ENGINEERING AND SITE INFRASTRUCTURE Gator Point continued to develop as Metallium’s centre for product testing, engineering and staged commercial deployment. Permitting and site access The separation-distance constraint affecting the relocated testing facilities was resolved by securing additional land immediately north of the campus from Chambers County, enabling chlorinated commissioning to resume. Power infrastructure Upgrades to Gator Point’s power supply advanced during the quarter, with key approvals secured and required civil works completed. This work supports the staged installation and commissioning of processing equipment. Buildings and supporting services Key building upgrades at Gator Point have been completed, while work continues on fire protection systems and supporting utilities. Together with ongoing engineering and procurement, these improvements are preparing the site for staged installation and commissioning of processing equipment. 4. LABORATORY CAPABILITY AND OPERATING READINESS Laboratory capability at Gator Point continued to expand with procurement of new systems, and analysis work in support of existing paid contracts, also supporting feedstock assessment, process optimization and validation of metallurgical results. Independent laboratories are also supporting assay verification. Further equipment implementations during the December quarter targets near-completion of the onsite laboratories by year end, with a focus on faster sample turnaround and improved testing capacity. Safety and operating systems were strengthened ahead of the September chlorination campaign. The quarter was completed without first-aid incidents, recordable injuries or reportable environmental events, and the campaign recorded zero lost-time injuries. Figure 3: Aerial view of Gator Point and its supporting infrastructure. 21 October 2026, 5 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) 5. MULTI-UNIT FJH CHLORINATION CAMPAIGN The September campaign progressed the FJH platform from inert commissioning into coordinated operation under high-temperature reactive chlorination conditions. The preceding June campaign used three standard reactors over 12 hours, processing approximately 0.3 tonnes of inert material at 83% availability. The September campaign utilized on-line chlorine and PGM-bearing spent catalytic converter feedstock. Campaign measure September 2026 program Reactors and duration Three FJH G-Series reactors operated simultaneously over a 12-hour shift. Feedstock Spent automotive catalytic converter material. Vendor-reported grades: 153 ppm platinum, 518 ppm palladium and 63 ppm rhodium; confirmation by full acid digest remains in progress. Test program 12 test cycles across three feed particle-size distributions; approximately 75 kg nominal feed and 50 samples collected. Safety Zero lost-time injuries during the campaign. The campaign generated operating data and metallurgical samples on the feedstock’s thermochemical behaviour and the interaction of key process variables. The data are being used to refine reactor configuration, feed preparation, chlorination conditions and downstream collection. Figure 4: September campaign operations at Gator Point, including reactor work, feed handling, sampling and the scrubber system. 6 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) 6. CRITICAL METALS AND ADVANCED MATERIALS TESTWORK Previously announced proof-of-concept results — 12 August 2026 The results announced on 12 August provided an initial indication of FJH’s potential to recover target metals from the feedstocks tested, including industrial residues. This exploratory work helps identify which applications warrant further development, with additional testing needed to optimise recovery and establish repeatable performance. These findings relate to separate proof-of-concept tests and are distinct from the September multi-reactor commissioning campaign. Development area Reported outcome Rare earths Raw ore containing approximately 12% total rare earth oxides was converted to a mixed REE chloride product exceeding 83 wt% on a compound-mass basis, including chlorine, with more than fourfold NdPr enrichment in an initial unoptimised cycle. Germanium Enrichment of up to 280 times from zinc-smelter waste, 240 times from semiconductor waste and 35 times from defence-related industrial waste. These are enrichment factors, not recovery percentages. Platinum group metals A PGM-rich product exceeding 60% purity, containing platinum, palladium and rhodium, was produced from spent catalytic converters in a single unoptimised cycle. Red mud Approximately 99% iron and 94% silicon removal, with approximately 95% of aluminium retained and gallium concentrated into a separate stream. These development results are specific to the tested feedstocks and conditions. Further optimisation, scale-up and commercial evaluation remain underway. Product composition, enrichment and recovery are distinct measures. MXene conversion and process optimisation On 9 October 2026, following quarter end, ECT reported successful MXene production in the first two runs using Metallium’s FJH reactor platform under the existing ECT R&D and Engineering Agreement. Independent analysis of the reaction products showed results consistent with the formation of chlorine- terminated MXene. The announced deployment program focuses on improving conversion, product consistency and repeatability, alongside independent material characterisation against defence-relevant specifications and preparation for prospective customer evaluation and qualification. The collaboration supports Metallium’s strategy to generate revenue from its reactor technology, engineering expertise and U.S. infrastructure. 7. FJH NEXUS AND INTELLECTUAL PROPERTY Optimising the platform and advancing FJH Nexus Metallium is optimising its existing reactor platform while advancing FJH Nexus, its development program to enable continuous processing at scale, with a primary focus on high-throughput mineral processing opportunities. Further design and testwork are planned for the December quarter. 7 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) Protecting innovation Metallium is strengthening protection of its core technologies, with five invention disclosures filed and patent applications in preparation across key reactor and processing innovations. A further amendment to the Rice University licence has also been executed. Figure 5: Metallium team at Gator Point, 21 October 2026 8. COMMERCIAL AGREEMENTS AND GOVERNMENT PROGRAMS First technology-services revenue under ECT agreement Metallium’s FJH platform began generating technology-services revenue during the quarter, with receipt of the initial US$500,000 payment from Environmental Clean Technologies Limited (ECT). The 12-month Phase 1 program supports MXene development and scale-up at Gator Point and provides for up to US$1.4 million in cash consideration, including four quarterly instalments of US$225,000 commencing on 1 November 2026, subject to the agreement’s terms. The agreement also provides Metallium with 20 million ECT options with an exercise price of A$0.18, expiring 12 months from issue and subject to ECT shareholder approval. Metallium retains its reactor and process intellectual property, including associated improvements. A framework is also in place for potential future commercial licensing and royalty arrangements, subject to further negotiation and agreement. The services model offers a complementary route to commercialising the technology while the Company develops its principal PCB processing business. Contracted services consideration is distinct from metal- product sales and from any future licensing or royalty income. 8 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) U.S. Government development programs The previously announced US$1 million Phase II SBIR award supports Metallium’s pilot-scale development of gallium and germanium recovery, building on its successful Phase I program for gallium recovery from electronic waste. Targeted testwork with U.S. Government agencies and industry participants continued during the quarter, supporting further evaluation of the FJH platform. Metallium also progressed the more than 20 U.S. and Canadian funding and strategic-support opportunities identified in the June quarter. These include pre-selection for U.S. Government-supported initiatives involving Rice University, Battelle Memorial Institute and Idaho National Laboratory, alongside the collaboration with AmForge on the proposed Greenbrier Critical Minerals Processing Hub in West Virginia. Any additional funding or commercial arrangements remain subject to evaluation, approvals and definitive agreements. 9. SUBSEQUENT DEVELOPMENTS Traxys framework supports commercial development On 26 October 2026, Metallium announced a memorandum of understanding between Flash Metals USA and Traxys to evaluate commercial opportunities across feedstock supply, and funding processing, product marketing and financing. The MOU took effect on 16 October 2026 and continues until 30 November 2027. Area Potential collaboration Feedstock sourcing Supply, aggregation funding and procurement of suitable critical-metal feedstocks. Processing and tolling Processing structures, including arrangements involving Traxys-owned or financed feedstocks. Marketing and offtake Product qualification, marketing and potential purchase arrangements. Hedging Evaluation of price-risk management structures. Working capital Potential offtake-linked prepayments, inventory and working-capital finance. Project funding and investment Potential funding for equipment and capacity, and strategic investment opportunities. These structures are expected to provide options to reduce the cash required for feedstock procurement and support staged commercial expansion. Potential non-dilutive facilities are being considered alongside other commercial funding structures; any strategic investment would be assessed separately on its terms and impact on ownership. The commercial terms are non-binding. No binding volumes, pricing, offtake, financing or investment commitments have been agreed. The parties aim to conclude one or more definitive agreements by 31 December 2026, subject to negotiation and approvals. The MOU includes binding protective provisions and time-limited restrictions on Flash Metals USA pursuing alternative collaboration discussions within the defined scope through 31 December 2026. 10. FINANCIAL POSITION AND CORPORATE Metallium held A$50.686 million in cash and cash equivalents at 30 September 2026, supporting its staged commercial development program. 9 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) U.S. capital markets Preparation for the proposed Nasdaq uplisting of the Company’s ADRs continued during the quarter, with the audit under PCAOB standards nearing completion. The Managing Director presented at the Company’s quarterly investor webinar in August and at the Canaccord Genuity 46th Annual Growth Conference in Boston on 12 August 2026. Governance and operating capability During the quarter, Kellie Benda joined the Board as an independent Non-Executive Director. The appointment of Josh Hawes was announced subject to his Australian Director Identification Number becoming effective. Eric Goldstein joined the Strategic Advisory Council, Matthew Trauber was appointed Chief Financial Officer – USA, Ibrahim Ayoub was promoted to Chief Operating Officer and John Campo was appointed Texas-based Head of Engineering. Following quarter end, Tim Cooper commenced as Group Chief Financial Officer on 1 October 2026. 11. DECEMBER QUARTER PRIORITIES ▪PCB commercialisation: Publish the PCB module Implementation Plan and advance staged commissioning at Gator Point. ▪Technology development: Progress campaign validation, reactor optimisation, FJH Nexus, ECT development and IP protection. ▪Commercial execution: Advance feedstock, offtake and financing opportunities, including under the Traxys framework. ▪Government Support: Perform under existing Government funding agreements and advance oppoprtunities to secure government non-dilutive funding for implementing expanded processing capacity at Gator Point ▪Nasdaq uplisting: Progress the proposed ADR uplisting, subject to approvals. 12. MINERAL ASSETS AND ADDITIONAL INFORMATION Metallium’s principal focus remains the commercial development of its U.S. critical metals processing business. Its approach to the mineral portfolio is to retain exposure to project value while limiting demands on capital and management resources. The Pomme rare earth and niobium project in Québec is subject to a binding option and staged earn-in agreement with New Frontier Minerals Limited. New Frontier may earn up to a 90% interest following option exercise and satisfaction of the agreed expenditure and technical milestones. Metallium would retain a 10% free-carried interest through to completion of a definitive feasibility study, converting to a 1.5% net smelter return royalty on material processed through its FJH facilities if diluted below that level, together with a technology licence arrangement. As at the date of this report, New Frontier had not exercised the option. [6] The Group has also progressed the divestment of its Western Australian exploration interests: the option over the Mt Monger tenements held by Trumpeter Resources Pty Ltd (a subsidiary of Evergreen Lithium Limited) has been exercised, and the East Laverton exploration licences have been sold to Reedom Pty Ltd, in each case with completion of tenement transfers to follow. The West Arunta and Mukinbudin tenements were previously surrendered. [6] 10 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) Project location Tenement Reference Status Equity at 30 Jun 2026 Equity at 30 Sep 2026 Changes during the quarter AUSTRALIA Western Australia Mt Monger Project E 25/5251 Live 100% 100% E 25/5311 Live 100% 100% E 25/5321 Live 100% 100% E 25/5361 Live 100% 100% E 25/5621 Live 80% 80% E 25/5651 Live 100% 100% E 25/6031 Live 100% 100% P 25/24891 Live 100% 100% P 25/24901 Live 100% 100% East Laverton Project E 38/3302 Live 100% 100% E 38/34622 Live 51% 51% E 38/34662 Live 51% 51% E 38/34992 Live 51% 51% E 38/37652 Live 100% 100% 1 The Company has entered into an option agreement with Trumpeter Resources Pty Ltd (“Trumpeter”) granting Trumpeter the option to acquire 100% of Metallium’s tenement interest in the Mt Monger region of Western Australia. The option has been exercised and is subject to completion. 2 The Company has entered into a tenement sale agreement with Reedom Pty Ltd (“Reedom”) to sell its interest in 4 exploration licences within the Company’s East Laverton project area in Western Australia. The agreement is subject to completion. Project location Claim Title # Status Equity at 30 Jun 2026 Equity at 30 Sep 2026 Changes during the quarter CANADA Quebec Pomme Project CDC121 Live - - CDC122 Live - - CDC1005980 Live - - CDC1005982 Live - - CDC1005983 Live - - CDC2234423 Live - - CDC2234424 Live - - CDC2234425 Live - - CDC2234426 Live - - CDC2234427 Live - - 11 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) Project location Claim Title # Status Equity at 30 Jun 2026 Equity at 30 Sep 2026 Changes during the quarter CDC2234428 Live - - CDC2234429 Live - - CDC2234430 Live - - CDC2234431 Live - - CDC2234432 Live - - CDC2234433 Live - - CDC2240300 Live - - CDC2240301 Live - - CDC2240302 Live - - CDC2240303 Live - - CDC2240304 Live - - CDC2240305 Live - - CDC2240306 Live - - CDC2240307 Live - - CDC2240309 Live - - CDC2240310 Live - - CDC2240311 Live - - CDC2240312 Live - - CDC2240313 Live - - CDC2458316 Live - - CDC2458327 Live - - CDC2458328 Live - - CDC2458329 Live - - CDC2458330 Live - - CDC2458331 Live - - CDC2458332 Live - - CDC2458333 Live - - CDC2458334 Live - - CDC2458345 Live - - CDC2458346 Live - - CDC2458349 Live - - CDC2522460 Live - - CDC2598360 Live - - CDC2754413 Live 100% 100% CDC2754414 Live 100% 100% CDC2757444 Live 100% 100% CDC2757445 Live 100% 100% CDC2757446 Live 100% 100% 12 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) Project location Claim Title # Status Equity at 30 Jun 2026 Equity at 30 Sep 2026 Changes during the quarter CDC2784081 Live 100% 100% CDC2784082 Live 100% 100% ASX additional information Exploration and evaluation expenditure during the quarter was A$57,000, all of which was expensed. Capitalised exploration expenditure was nil. No substantive exploration activities were undertaken during the quarter (ASX Listing Rule 5.3.1). Refer to items 1.2(a) and 2.1(d) of the Appendix 5B. [10] There were no mine production or development activities undertaken during the quarter (ASX Listing Rule 5.3.2). Payments to directors and their associates totalled A$399,000 and comprised director fees, statutory superannuation and consulting fees. Refer to item 6.1 of the Appendix 5B. The information in this report relating to previously reported testwork results is extracted from the Company’s announcements dated 12 August 2026 and 1 October 2026, which are available at www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in those announcements, and that the form and context in which the results are presented have not been materially modified from those announcements. This announcement has been authorised for release by the Board of Directors. For further information, please contact: Michael Walshe Managing Director & CEO Metallium Limited info@MetalliumInc.com | +61 8 6391 0112 Andrew Keys Investor Relations & Corporate Communications Keys Thomas Associates Andrew.keys@keysthomas.com | +61 400 400 380 Referenced announcements and reports [1] 30 July 2026: Quarterly Activities & Cashflow Report for the period ended 30 June 2026. [2] 4 August 2026: Metallium Signs First Technology Services Agreement Advancing Processing-as-a-Service Strategy. [3] 10 August 2026: Board and Executive Leadership Team Update. [4] 12 August 2026: Successful REE, Germanium & PGM Testing Advances Multiple Commercial Opportunities. [5] 26 August 2026: Texas Technology Campus Update: Chlorinated Testing to Resume and First Revenue Commences. [6] Metallium Limited 2026 Annual Report. [7] 1 October 2026: Successful Completion of 12-Hour Multi-Unit FJH Chlorination Campaign. [8] 9 October 2026: ECT Successfully Produces MXene Using Flash Joule Heating (ECT announcement). 13 ASX: MTM | OTCQX: MTMCF and MTLMY (ADR) [9] 26 October 2026: MOU with Traxys to Advance U.S. Critical Metals Commercialisation. [10] Appendix 5B for the quarter ended 30 September 2026. [11] August 2026: Quarterly Investor Webinar presentation. [12] 13 August 2026: Canaccord Genuity 46th Annual Growth Conference – Presentation & Recording. Forward-looking statements This report contains forward-looking statements concerning Metallium, including statements regarding the anticipated timing of saleable products and initial metal-product revenue, the planned study of 8,000 tpa PCB modules, indicative revenue scenarios and staged processing plans, engineering schedules, customer qualification, future testing campaigns, potential financing, offtake and licensing arrangements (including under the Traxys MOU), the proposed Nasdaq uplisting and the Company’s plans, strategy and objectives. Forward-looking statements can generally be identified by words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “target”, “potential” and similar expressions. They are based on information available to the Company at the date of this report and on assumptions considered reasonable at that date, but are not guarantees of future performance and involve known and unknown risks and uncertainties, many of which are beyond the Company’s control, including technology scale-up and commissioning risk, feedstock variability, recovery and product- qualification outcomes, capital and operating costs, financing availability, regulatory and permitting requirements and the actions of counterparties. Actual results may differ materially from those expressed or implied. Preliminary testwork results referred to in this report are indicative only and remain subject to validation. Except as required by the ASX Listing Rules, the Corporations Act 2001 (Cth) and applicable law, Metallium does not undertake any obligation to update or revise any forward- looking statement. Appendix 5B Oil and Gas Exploration Entity Quarterly Report Rule 5.5 ASX Listing Rules Appendix 5B (01/12/19) Page 1 + See chapter 19 of the ASX Listing Rules for defined terms. ACN 645 885 463 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity METALLIUM LIMITED ABN Quarter ended (“current quarter”) 27 645 885 463 30 September 2026 Consolidated statement of cash flows Current quarter A$’000 Year to date (3 months) $’000 1. Cash flows from operating activities 768 768 1.1 Receipts from customers 1.2 Payments for (57) (57) (a) exploration & evaluation (if expensed) (b) development - - (c) production - - (d) staff costs (2,582) (2,582) (e) administration and corporate costs (4,488) (4,488) 1.3 Dividends received (see note 3) - - 1.4 Interest received 498 498 1.5 Interest and other costs of finance paid (102) (102) 1.6 Income taxes paid - - 1.7 Research and development refunds - - 1.8 Other (provide details if material) (a) Technology development expenditure (774) (774) (b) Grant income 237 237 1.9 Net cash from / (used in) operating activities (6,500) (6,500) Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (01/12/19) Page 2 + See chapter 19 of the ASX Listing Rules for defined terms. Consolidated statement of cash flows Current quarter A$’000 Year to date (3 months) $’000 2. Cash flows from investing activities - - 2.1 Payments to acquire or for: (a)