Almasane Alkobra Mining Company announced the issuance of an exploration license for Gold and Silver from the Ministry of Industry and Mineral Resources. License location:Riyadh Province - Al-Dawadmi. This license was issued in accordance with the Mining Investment Law issued by Royal Decree No.

M/140. The company will carry out the necessary exploratory studies during the statutory period to ensure the availability of the required raw materials. The financial impact value and timing of this license will become clear after the completion of exploration work and studies, and the company will announce any major developments regarding this license.