Announcement • Jun 13
Inflection Resources Ltd Receives AUD 300,000 in Exploration Grants from Northern Territory Government Inflection Resources Ltd. announced that its wholly-owned Australian subsidiary has been awarded three exploration grants totalling AUD 300,000 by the Northern Territory Government's Geophysics and Drilling Collaborations (GDC) Program. The grants will be applied to planned exploration drilling and geophysical surveys on the Companys 100%-owned Endurance Project in Australias Northern Territory. The Company has been awarded three Northern Territory Government GDC grants totalling AUD 300,000 to advance exploration at the Company's Endurance Project in the Northern Territory, where it is exploring for large Iron Oxide Copper Gold (IOCG) deposits. AUD 140,000 was awarded for drilling of the Flashlight Target (E10), a compelling coincident magnetic and gravity anomaly with associated chargeability features interpreted to represent a potential concealed IOCG system. AUD 80,000 was awarded for an induced polarisation and magnetotelluric (IP-MT) geophysical program over the Bigeye and Barreleye Targets (E1 and E2) to better define conductivity and chargeability anomalies beneath cover. AUD 80,000 was awarded for drilling of the Bigeye and Barreleye Targets (E1-E2) following completion of a planned IP-MT geophysical survey. These targets comprise large coincident magnetic and gravity anomalies considered prospective for IOCG-style mineralisation. The Company expects field activities associated with the grants to commence during the 2026 Northern Territory field season, subject to final grant documentation and contractor availability. All aboriginal clearances, pastoralist agreements and government permits to drill are now in place. The GDC Program is administered by the Northern Territory Geological Survey as part of the Northern Territory Government's Resourcing the Territory initiative and is designed to encourage innovative mineral exploration and increase geological knowledge in underexplored regions. New Risk • Jun 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$4.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.7m free cash flow). Earnings have declined by 9.2% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$28.6m market cap, or US$20.7m). Announcement • Mar 24
Inflection Resources Ltd., Annual General Meeting, May 19, 2026 Inflection Resources Ltd., Annual General Meeting, May 19, 2026.