Farm-in Agreement moves to completion for tenement transfer

Highlights:

• Farm-in conditions satisfied: AR3 has satisfied all conditions of the Farm-In portion of the Farm-In and Sale and Purchase Agreement with Sheer Gold Pty Ltd for EL 6678, cementing the expansion of the exploration footprint at AR3’s Overland Uranium Project by 990km2.

• On ground investment: AR3 has completed the $200,000 exploration expenditure commitment required in the agreement and accordingly now owns 100% of the sedimentary-hosted uranium rights of EL 6678.

• Significant mineralisation potential: Initial drilling at EL6678 has so far delivered promising results including the discovery of near surface, widespread, calcrete hosted uranium mineralisation.

• Dual Uranium potential: EL6678 demonstrates potential for both shallow surficial and deeper in-situ recoverable (ISR) style uranium deposits.

• Completion of the sale and purchase provisions under the Agreement is set for Wednesday, April 30, 2025, paving the way for accelerated exploration.

• Strategic expansion: The encouraging early results underscore AR3s' strategic focus on critical mineral resource acquisition and expansion.