Sovereign Metals Ltd Stock

-          Sovereign presented at the inaugural 2024 MINVEST/MSP Finance Meeting during the UN General Assembly in New York following an invitation from the U.S. Department of State and SAFE

-          Industrial scale spiral concentrator plant successfully installed and commissioned at Sovereign’s expanded laboratory and testing facility in Lilongwe, Malawi

-          Graphite

-          Hydraulic mining trial has now commenced at Kasiya Pilot Site as part of ongoing Optimisation Study

-          Trial is being conducted by Fraser Alexander, a global industry

-          Pilot Phase dry mining trial confirms Kasiya can be efficiently mined using standard mobile excavators and trucks, demonstrating operational alternatives as part of ongoing PFS

-          Kasiya’s pilot mining and land rehabilitation program is progressing with site establishment on schedule

-          Mobile fleet is currently constructing the test pit, water

-          Sovereign to immediately commence a pilot mining and land rehabilitation program (“Pilot Phase”) at Kasiya as part of the ongoing Optimisation Study

-          Empirical data

-          Graphite circuit feed prepared at Sovereign’s existing Lilongwe laboratory facility has produced high quality concentrates in benchtop and pilot-scale flotation and cleaning

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-          Industrial scale spiral concentrator to be installed at Sovereign’s expanded laboratory and testing facility in Lilongwe in coming weeks

-          Spiral throughput capacity of

-          Kasiya graphite concentrate confirmed to be an excellent feedstock for natural graphite anode materials suitable for battery production

-          Kasiya natural graphite presents

-          Sovereign upgrades to the OTCQX Market, the top tier of the OTC Markets, providing access to a broader eligible U.S. investor base

-          OTCQX quotation follows increased U.S.

-          Rio Tinto to invest A$18.5 million via the exercise of options, to increase its shareholding in Sovereign to 19.76%

-          Investment proceeds to be used to continue advancing

-          Spherical Purified Graphite (SPG) with world-leading specifications successfully produced from Kasiya

-          Kasiya’s spherical graphite purification demonstrated

-          Sovereign further strengthens owner’s team through the appointment of graphite and battery anode specialist consultant Dr Surinder Ghag as Chief Technology Officer – Graphite  

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