BR2 Pty Ltd executed binding HOA Joint Venture Agreement to acquire a 90% interest to acquire Trident, Midas and Perseus Projects from Everest Metals Corporation Ltd (ASX:EMC) for AUD 1.1 million on February 13, 2023. BR2 Pty Ltd signed a binding agreement to acquire a 90% interest in 4 exploration licences with Trident, Midas and Perseus Projects from Everest Metals on February 15, 2023. Stelar will pay AUD 250,000 cash to Everest on the signing of the agreement, Stelar will issue1 1,187,085 fully paid shares to Everest that are equal in value to AUD 250,000, An additional milestone payment will be made to Everest within 24 months from the date of the agreement (Milestone Payment), once either; drilling commences at the Midas Project; or drilling approvals are granted by the NSW regulators for drilling at the Trident Lithium Project that will comprise, at Everest?s sole election, either; a. Stelar issuing1 2,374,169 Stelar Shares to the value of AUD 500,000 to Everest; or a cash payment by Stelar to Everest of AUD 500,000. The Transaction is subject to SLB Conditions Precedent including, Completion of 15-day Due Diligence, SLB Board Approval, ASX approvals (if any).

BR2 Pty Ltd completed the acquisition of a 90% interest to acquire Trident, Midas and Perseus Projects from Everest Metals Corporation Ltd (ASX:EMC) on June 29, 2023.