SLR Prepared for Swift Advancement of Revised Leonora Proposal

Silver Lake Resources Limited (ASX: SLR) announces its preparedness and enthusiasm to expeditiously proceed with the revised proposal, presenting a significant premium over the Genesis Proposal while streamlining the conditions.  Progress on the Taurus facility has reached an advanced stage, pending legal due diligence and final documentation execution.

St Barbara's major shareholders remain supportive of engaging with Silver Lake to ensure robust price discovery for the Leonora assets. The valuation of the Leonora assets by both the Silver Lake Proposal and the Genesis Proposal installs confidence in the full repayment of St Barbara's debt, allowing ample time for a comprehensive sales process to maximize value for shareholders in the event of voting against the Genesis Proposal.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com