IRIS METALS LIMITED (IR1)

The suspension of trading in the securities of IRIS Metals Limited will be lifted immediately following the release by IR1 of an announcement titled "IRIS Metals Completes $8 Million Capital Raise" and an Appendix 3B.

IRIS Metals successfully raised $8.01 million in its recent capital program, including participation by Stardust Power Inc. Exclusivity Agreement with Stardust Power will commence on December 9, 2024.

The following unlisted options are due to expire: IR1AJ, 750,000 number of options at an exercise price of $1.50, and an expiry date of 31 January 2025.

The company extends voluntary suspension of securities until trade commences on 10 December 2024, allowing time for finalization of capital raising program, confirmation of Stardust Power funds receipt.

The securities of IRIS Metals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of IR1, pending the release of an announcement in relation to its recent capital raising program.

The suspension of trading in the securities of IRIS Metals Limited will be lifted immediately following the release by IR1 of two announcements titled "Iris Metals enters into Exclusivity Agreement with Stardust Power", "Iris Metals raises $8 million to advance mining projects in USA" and two Appendix 3B.

The company has secured a $8m placement at $0.25 per share, attracting strong support from existing and new shareholders. The funds will be used to advance lithium exploration in the Black Hills of South Dakota. Stardust Power Inc. has subscribed for $2.5m.

The company has signed a 90-day exclusivity agreement with US lithium product developer Stardust Power, allowing them to explore commercial and strategic opportunities, including offtake arrangements for lithium production and financing.

The company has extended its voluntary suspension of its securities until the commencement of trade on 14 November 2024, or until an announcement is made to update the market, due to additional time for capital raising and book-build programs.

The securities of IRIS Metals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of IR1, pending the release of an announcement regarding a capital raising program.

The suspension of trading in the securities of Iris Metals Limited will be lifted from the commencement of trading today, Wednesday, 21 June 2023 following its re-compliance with Chapters 1 and 2 of the ASX Listing Rules.

IRIS Metals completes oversubscribed A$15M capital raise at A$1.00 per share (including a one for two attaching option with an exercise price of $1.50, expiring two years from issue date). The raise was cornerstoned by Waratah's Electrification and Decarbonization AIE LP Fund. Funds will be directed toward drilling and development of the recently acquired Beecher and Edison lithium Projects and exploration of the 2,387 BLM claims. IRIS Metals has patented claims (effectively Mining Licenses) granted over the eecher Project and will undertake drilling to test for lithium spodumene mineralization at this historic lithium producing mines.

The company releases the following: Appendix 1A, Information Form and Checklist, Information Form and Checklist Annexure 1 (Mining Entities), Prospectus, Supplementary Prospectus, Constitution, Appendix 4G and Corporate Governance Statement, Securities Trading Policy, Holdings Range Report, Top 20 Holders Report and Pre-Reinstatement Confirmations.

The securities of IR1 will be reinstated to quotation at 10:04:30AM (+/- 15 seconds) AEST on Wednesday, 21 June 2023, following its re-compliance with Chapters 1 and 2 of the ASX Listing Rules. IR1 raised $15,000,000 pursuant to the offer under its prospectus dated 18 April 2023, as supplemented by the supplementary prospectus dated 2 June 2023, by the issue of 15,000,000 shares at an issue price of $1.00 per share and 7,500,000 unquoted options exercisable at $1.50 per option expiring on Saturday, 14 June 2025.

The company releases an updated notice of proposed issue of securities - IR1.

The company releases a supplementary prospectus.

The company releases an updated notice of proposed issue of securities.

The company releases a notice of application for quotation of securities.

The company releases the results of its meeting.

The company lodges its Quarterly Activities and Cash Flow Report.

The company releases a notice of proposed issue of securities.

The company releases a prospectus for an offer of up to 15,000,000 Shares at an issue price of $1.00 per Share to raise up to $15,000,000, together with one free attaching Option for every two Shares subscribed for and issued.

A general meeting of shareholders will be held at 10:00am AEST on 5 May 2023 as a Virtual Meeting Level 6 400 Collins Street Melbourne Vic 3000.

IRIS Metals Limited to acquire the historic Longview and Beecher mines near Custer in South Dakota. The Longview and Beecher mines fall under the surface area of the existing granted mining licenses. IRIS is the only mining company in the USA with approvals to mine hard rock lithium spodumene. This purchase complements the mining agreements previously announced covering the Black Diamond Mine and Beecher Extended prospect; with IRIS now controlling the Historic Beecher Lithium mining trend. IRIS will also acquire the historic Edison Lithium Mine and an additional 313 BLM claims in the Keystone and Tinton districts of South Dakota. IRIS is the largest holder of lithium mining claims in South Dakota with a vision to become a leading supplier of lithium to the North American battery metals industry.

The company releases a notification regarding unquoted securities.

The company releases a notice of application for quotation of securities.

The company as received an investment of A$1,500,000 from the Electrification and Decarbonization AIE LP Fund, a fund managed by Waratah Capital Advisors Ltd. IRIS will issue 1,500,000 fully paid ordinary shares at a price of $1 per Share through a placement including the issue of 750,000 options in the Company, being 1 new option for every 2 shares subscribed. The Placement Options will have an exercise price of $1.50 and will be exercisable within 2 years from the date of issue. The funds raised under the Placement will be used to meet the costs of re-complying with Chapters 1 and 2 of the ASX Listing Rules and the ongoing operating costs for the advancement of the South Dakota Lithium Project. Waratah have agreed to subscribe for an additional 2,000,000 Shares at $1 per share in the upcoming public offering, which will be completed on the same terms as the Placement.

The company lodges its Quarterly Report for the Period Ended 31 December 2022.

The securities of IRIS Metals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of IR1, pending the release of an announcement regarding a capital raising and proposed transaction.

The suspension of trading in the securities of Iris Metals Limited is expected to be lifted from the commencement of trading on Tuesday, 24 May 2022 following the release by IR1 of the announcement regarding the South Dakota Project and associated capital raise.

The company releases a notice of proposed issue of securities.

IRIS to acquire 100% of highly prospective and strategic hard rock lithium projects through the acquisition of White Rock, L.L.C. in the Tier-1 Jurisdiction of South Dakota, USA. Within the greater South Dakota Project there are 2 sub projects: Dewy Project and Custer Project. Combined total land holdings of approximately 10,846 Acres (approximately 4,400 Ha), across 525 Claims. An abundance of mapped pegmatites are located within the project areas including historical lithium bearing mines. Experienced South Dakota-based in country consultant, RRL Consulting, appointed to assist with ongoing business development activities and on budget. Experienced geological team to progress exploration program, headed by, Chris Connell. $2.0 million placement completed to support the acquisition and provide working capital to be directed to the acquisition and initial exploration in South Dakota. Exploration to commence immediately post completion of the acquisition, starting with field mapping activities and geochemical works. US President Joe Biden has recently invoked the Defense Production Act in an effort to encourage domestic production of battery materials within the United States. IRIS' USA Strategy is, through the process of exploration and development, to become a leading supplier of lithium to the North American Battery Metals industry. IRIS' WA strategy remains on track with expenditure and plans remaining unchanged and continuing to progress on plan and on budget.

The company lodges its Quarterly Report for the Period Ended 31 March 2022.

The company identified a new project which it is in negotiations to acquire. As the company is presently continuing these new discussions, its securities will remain in voluntary suspension pending the outcome of these new negotiations.

The company releases a notice of application for quotation of securities.

Highly encouraging results received from drilling completed at the 100%-owned Kookynie Gold Project in WA. RC drilling at the Lily Prospect intersected high-grade gold mineralisation. RC Drilling at the Big E prospect intersected shallow high-grade gold. RC Drilling at the Rise and Shine, Treasure, and Whale prospects all returned notable gold mineralisation supporting the significant potential of the Kookynie Gold Project. Planning is currently underway for a much broader 2022 Exploration program to include surface geochemistry, regional Aircore drilling, and follow up RC drilling.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

IRIS notes that the material transaction could result in ASX determining that the Company has undergone a change of its activities. The d result in ASX determining that the Company has undergone a change of its activities. Accordingly, the Company's securities will remain suspended until it has either complied with Chapters 1 and 2 of the Listing Rules under Listing Rule 11.1.3, or provided ASX with sufficient information to satisfy ASX that it should not exercise its discretion under Listing Rule 11.1.2 to require the transaction to be conditional on approval by Company's ordinary security holders, and under Listing Rule 11.1.3 to require the Company to re-comply with Chapters 1 and 2 of the Listing Rules.

The following restricted securities will be released from escrow on 2 March 2022: IR1AA: 9,350,001: to be listed - fully paid ordinary shares.

The voluntary suspension will remain in place until an announcement regarding the stated purpose is released to the market subject to regulatory requirements associated with the stated Purpose. IRIS is currently targeting release of an announcement prior to Monday, 24 January 2022.

The securities of IRIS Metals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of IR1, pending the release of an announcement regarding a material acquisition.

listed entity carried for record purposes only