Outcomes of AGM: 25th November 2021

25th November 2021

Dear Shareholder,

Re: Annual General Meeting held at 10:00am on Thursday 25th November 2021

The meeting was attended by 7 Members (including directors and officers) representing 1,472,205,308 Shares and Proxies. The Auditors were represented by Daniel Dalla

Notice of meeting together with the Annual Accounts and associated reports were taken as read. The minutes of the AGM held on 26th November 2020 were tabled and signed as a true record of proceedings.

VOTING OF RESOLUTIONS

The Chairman indicated that he would be voting be voting the 99,086 Open proxies In Favour of the upcoming resolutions

1. Annual Report

To receive and consider the annual financial report and the reports of the directors and of the auditor for the financial year ended 31 July 2021.

The Chairman, Maxim Krok addressed the meeting and drew members' attention to his comments in the Annual Report.

Con Gendis the Managing Director updated members present as to the direction and prospects of the Company.

There were no questions from the floor.

The report was unanimously accepted by a show of hands

2. Remuneration Report

To adopt the remuneration report for the year ended 31 July 2021.

The instructions given to validly appointed proxies in respect of the resolution were as follows:

For	Open	Against	Total	Exclusions	Abstain
6,542,418	99,086	437,014	7,078,518	467,473,972	74,400

The motion was carried on a show of hands as an ordinary resolution.

3. Re-election of Directors

a. Re-election of Mr. Brent Smith as a Director

The instructions given to validly appointed proxies in respect of the resolution were as follows:

For	Open	Against	Total	Exclusions	Abstain
474,407,804	99,086	100,000	474,606,890		20,000

The motion was carried on a show of hands as an ordinary resolution.

b. Re-election of Mr. Elliott Kaplan as a Director

The instructions given to validly appointed proxies in respect of the resolution were as follows:

For	Open	Against	Total	Exclusions	Abstain
467,407,804	99,086	100,000	467,606,890	7,000,000	20,000

The motion was carried on a show of hands as an ordinary resolution.

4. General

a. There were no matters to discuss under general

There being no further matters to discuss the meeting closed at 10:15am

Yours Sincerely

Chris Mc Gibbon

Company Secretary