The board of directors of Southern Alliance Mining Ltd. announced that the director of Lands and Mines Office of Johor, Malaysia, has on 17 September 2023, granted a ten (10) years extension for the mining lease (ML) of the Chaah Mine (ML 6/2014), located at Lot PTD 12064 Mukim Chaah Bahru, Daerah Batu Pahat, Johor. The Director of Lands and Mines office has granted the approval of proprietary mining lease (PML) in lieu of ML as the land title has been converted from state land to alienated land. The renewed PML carries the registered lease number of PML 14/2023 and is in effect from 17 September 2023 to 16 September 2033 and will supersede the previous ML 6/2014 which is expiring on 22 March 2024.