Letter of Support Received from Export Finance Australia for the NiWest Nickel-Cobalt Project

Highlights:

• Export Finance Australia (EFA) provides a conditional and non-binding Letter of Support towards providing financing for the NiWest Nickel-Cobalt Project.
• Subject to EFA Board Approval, the Letter of Support may be converted into a binding agreement following due diligence, sufficient and acceptable lender support and other customary financing terms.
• Discussions advancing with a second Export Credit Agency (ECA) for support in relation to major capital and supply contracts.
• Debt funding process well underway led by Alliance’s adviser, Blackbird Commodity Partners.