Arrow Minerals (AMD) investor relations material

Executive summary

• Acquired an 80% interest in the Yarraloola Project in Western Australia, considered highly prospective for copper and gold, and completed a two-tranche capital raising totaling $2.25 million.

• Secured a new three-year exploration permit for the Niagara Bauxite Project in Guinea, requiring a minimum expenditure of US$1.51 million over three years.

• Entered a non-binding MOU with Soguipami, the Guinea government entity, to clarify permit status for key projects.

• Agreed to acquire a 70% interest in a Direct Shipping Ore-grade iron ore project adjacent to Yarraloola post-period end.

Financial highlights

• Net loss after tax for the half-year was $2.63 million, a significant improvement from a $9.85 million loss in the prior year period.

• Total comprehensive loss was $1.66 million, compared to $10.2 million in the previous half-year.

• Cash and cash equivalents at 30 June 2026 were $3.37 million, up from $2.59 million at year-end 2025.

• Net assets increased to $3.64 million from $1.78 million at 31 December 2025.

• Raised $2.25 million through share placements and issued shares for project acquisitions and fee settlements.

Outlook and guidance

• Focus remains on advancing exploration at Yarraloola and Niagara, with significant minimum expenditure commitments.

• Directors believe adequate funding can be secured for planned activities, but material uncertainty exists regarding going concern beyond 12 months without further capital.