Announcement PDF 3460-5127-7630v1ASX Listing Information Form and Checklist Annexure 1 (01/12/19) Page 1 Information Form and Checklist Annexure 1 (Mining Entities) Name of entity ABN/ACN/ARBN/ARSN Mont Royal Resources Limited 625 237 658 This Annexure forms part of the Information Form and Checklist supplied by the entity named above to support its application for admission to the official list of ASX Limited (ASX) as an ASX Listing. A reference in this Annexure to JORC means the Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Resources - 2012 Edition, a copy of which is included in Annexure 5A of the Listing Rules. Terms used in this Annexure which are defined in JORC (including, without limitation, ‘exploration target’,’ exploration results’,’ mineral resource’, ‘ore reserve’ and ‘competent person’) have the same meaning as in JORC. No Item Location/Confirmation General requirements Complete this section if the Offer Document includes any reference to an exploration target, exploration results or estimates of mineral resources or ore reserves. 1. Where in the Offer Document does it state that the exploration target, exploration resultsor estimatesof mineral resourcesor ore reserves (as the case maybe) have been prepared and reported in accordance with JORC (Listing Rule 5.6)?1 Prospectus: Important Informationunder ‘Technical information’ section. ITAR: Section 1.4.2 ‘Compliance to reporting standards’ 2. Where in the Offer Document does it state: • that the exploration target, exploration results or estimates of mineral resourcesor ore reserves(asthe case maybe) are based on, and fairly represent, information and supporting documentation prepared by a named competent person2 or persons (Listing Rule 5.22(a) for material mining projects and JORC clause 9 for other projects); • whether the competent person is an employee of the mining entity or a related partyand, if not, the name of the competent person’s employer (Listing Rule 5.22(b) for materialmining projectsand JORC clause 9 for other projects)? • the name of the professionalorganisation of which the competent person is a member (Listing Rule 5.22(c) for materialmining projectsand JORC clauses 9 and 11 for other projects); and • that the competent person has given his or her prior written consent as to the form and context in which the exploration target, exploration results or estimates of mineral resources or ore reserves (as the case may be) and the supporting information are presented in the Offer Document (Listing Rule 5.22 for material mining projects and JORC clause 9 for other projects)? Prospectus: Important Informationunder ‘Technical information’ section. ITAR: Section 1.4.3 1 The Offer Document must use terminology consistent with the terms in Figure 1 of JORC. Terms such as ‘mining inventory’ or ‘mineable resource’ are not allowed. 2 JORC clause 11 defines a ‘competent person’ as a minerals industry professional who is a Member or Fellow of The Australasian Institute of Mining and Metallurgy, or of the Australian Institute of Geoscientists, or of a ‘Recognised Professional Organis ation’, as included in a list available on the JORC and ASX websites. The person must have a minimum of five years relevant experience in the style of mineralisation or type of deposit under consideration and in the activity which that person is undertaking. If the competent person is preparing documentation on exploration results, the relevant experience must be in exploration. If the competent person is estimating, or supervising the estimation of mineral resources, the relevant experience must be in the estimation, assessment and evaluation of mineral resources. If the competent person is estimating, or supervising the estimation of ore reserves, the relevant experience must be in the estimation, assessment, evaluation and economic extraction of ore reserves. 3460-5127-7630v1ASX Listing Information Form and Checklist Annexure 1 (01/12/19) Page 2 No Item Location/Confirmation 3. Please enter “Confirmed”in the column to the right to indicate that the Offer Document discloses any potential conflict of interest any of the named competent persons may have and, if it does, indicate where in the Offer Document that disclosure has been made (JORC clause 9)? Confirmed, in the ITAR section 1.4.3 and Prospectus: Important Information under ‘Technical information’ section. 4. Is there an Independent Geologist’sReportincluded in the Offer Document? If so, where does it state that any exploration target, exploration results or estimates of mineral resources or ore reserves (as the case may be): • are based on, and fairly represent, information and supporting documentation prepared by a named competent person or persons; • the name of the professionalorganisation of which the competent person is a member; and • that the competent person has given his or her prior written consent as to the form and context in which the exploration target, exploration results or estimates of mineral resources or ore reserves (as the case may be) and the supporting information are presented in the report (Listing Rule 5.22 for material mining projects and JORC clause 9 for other projects)? Yes – the Independent Geologists Report is included as an ITAR. Please refer to Annexure A of the Prospectus. All dot points are covered in Section 1.9, page 8 and 9 Is the Independent Geologist’sReport either a technical assessment report, valuation report, or fairness and reasonableness report prepared in accordance with the Valmin Code? If so, where doesit state in the report the declarationsrequiredby section 12 of the Valmin Code? ITAR prepared in accordance with the VALMIN Code (2015) Section 1.4, page 3 5. Does the Offer Document include a “metal equivalents” calculation? If so, where does the Offer Document include the following information required under JORC clause 50: • individual grades for all metals included in the metal equivalent calculation; • except where the information is commercially sensitive, the assumed commodity prices for all metals;3 • assumed metallurgical recoveries for all metals and a discussion of the basis on which the assumed recoveries are derived (metallurgical test work, detailed mineralogy, similar deposits, etc);4 • a clear statement that it is the entity’s opinion that all the elements included in the metalequivalentscalculation have a reasonable potential to be recovered and sold; and • the calculation formula used? N/A 6. Please enter “Confirmed” in the column to the right to indicate that the Offer Document does not include any reference to “in situ” or “in ground” values (JORC clause 51). Confirmed 3 Actual assumed prices should be disclosed. It is not sufficient to refer to a “spot price”, without disclosing the actual price in question. Where the actual assumed prices used are said to be commercially sensitive, the entity must disclose sufficient information, perhaps in narrative rather than numerical form, for investors to understand the methodology it has used to determine these prices. 4 Estimates of metallurgical recoveries for each metal must be used to calculate meaningful metal equivalents. Reporting on the basis of metal equivalents is not appropriate if metallurgical recovery information is not available or able to be estimated with reasonable confidence. 3460-5127-7630v1ASX Listing Information Form and Checklist Annexure 1 (01/12/19) Page 3 No Item Location/Confirmation Exploration targets Complete this section if the Offer Document includes any reference to an exploration target. 7. Where in the Offer Document does it disclose a detailed explanation of the basis for the exploration target, including whether the target is based on actual exploration results or on proposed exploration programmes and a specific description of the level of exploration activity already completed (JORC clause 17)? No exploration targets are included in the ITAR or Prospectus. 8. Where in the Offer Document does it state the proposed exploration activities designed to test the validity of the exploration target and the timeframe within which those activitiesare expected to be completed (JORC clause 17)? N/A 9. Where in the Offer Document does it include the required statement by a named competent person taking responsibility for the form and context in which the exploration target appears (JORC clause 17)? N/A 10. Where in the Offer Document does it include the required clarification statement that the potentialquantityand grade is conceptual in nature, that there has been insufficient exploration to estimate a mineral resource and that it is uncertain if further exploration will result in the estimation of a mineral resource (JORC clause 17)?5 N/A 11. Please enter “Confirmed” in the column to the right to indicate that the following JORC requirements have been satisfied: • information relating to the exploration target hasbeen expressed so that it cannot be misrepresented ormisconstruedasan estimate of a mineral resource or ore reserve andthe terms“resource”and “reserve”have not been used in this context (JORC clause 17); • the exploration target isexpressed asa tonnage and grade range and as an approximation only (JORC clause 17); • the Offer Document includes a description of the process used to determine the grade and tonnage ranges used to describe the exploration target (JORC clause 17); • there are no “headline statements”in the Offer Document referring to the exploration target (JORC clause 17); and • the exploration target does not include a “metal equivalent” estimate or calculation (JORC clause 50). N/A 5 Note that the clarification statement must be within the same paragraph as the first reference to the exploration target in the Offer Document. 3460-5127-7630v1ASX Listing Information Form and Checklist Annexure 1 (01/12/19) Page 4 No Item Location/Confirmation Exploration results Complete this section if the Offer Document includes any reference to exploration results 12. Where in the Offer Document isthe separate report in relation to each of the criteria in sections 1 and 2 of JORC Table 1 (Listing Rule 5.7.1)?6 The Exploration results, , which have been previouslyannounced on the ASX (see links below) are referenced but not detailed in the Prospectus and ITAR. However, the ITAR does contain the Table 1 disclosure in Appendix A to the ITAR. Bohier exploration results: ASX: MRZ, ‘Assay results confirm extensive mineralised zone at Bohier Lithium Project’, 12 November 2024: < https://cdn-api.markitdigital.com/apiman- gateway/ASX/asx- research/1.0/file/2924-02879471- 6A1237088&v=4a466cc3f899e00730cfb fcd5ab8940c41f474b6> Eastmain Lerac exploration results: ASX: MRZ, ‘Further high grade lithium samplesreceived from Eastmain Leran’, 21 November 2023: < https://cdn- api.markitdigital.com/apiman- gateway/ASX/asx- research/1.0/file/2924-02742549- 6A1181605&v=4a466cc3f899e00730cfb fcd5ab8940c41f474b6> 13. Where in the Offer Document is the separate table setting out the following information for material drill-holes (unless the entity determines that the information is not material):7 • easting and northing of the drill-hole collar; • elevation or RL of the drill-hole collar; • dip and azimuth of the hole; • down hole width and depth; and • end of hole (Listing Rule 5.7.2)? The tables for the Northern Lights exploration results are set out in the announcements detailed in item 12. Given the explorations results have been previously announced, the Prospectusand ITAR do not include the table referenced in Listing Rule 5.7.2. 6 If an entity that determines that any of the criteria is not material to understanding the exploration results, the entity must identify the criteria and explain why it has determined that it is not material to that understanding. 7 An entity that determines that a drill-hole table setting out the information described above is not material, is not required to attach the table to the Offer Document but must explain why it has determined that the table is not material to understanding the exploration results. 3460-5127-7630v1ASX Listing Information Form and Checklist Annexure 1 (01/12/19) Page 5 No Item Location/Confirmation 14. Please enter “Confirmed” in the column to the right to indicate that the following JORC requirements have been satisfied: • if the exploration results relate to mineralisation not classified as a mineral resource or ore reserve, then estimates of tonnages and average grade have not been assigned to the mineralisation except as an exploration target in accordance with JORC clause 17 (JORC clause 18); • if true widths of mineralisation are not reported, an appropriate qualification hasbeen included in the Offer Document (JORC clause 19); • clear diagrams and maps designed to represent the geological context have been included in the Offer Document which include a plan view of drill hole collar locations and appropriate sectional views (JORC clause 19); • there has been no selected disclosure of information such as isolated assays, isolated drill holes, assays of panned concentratesor supergene enriched soils or surface samples, without placing them in perspective (JORC clause 19); • if the Offer Document includesexploration resultsbased on rock chip or grab sampling, the location (represented as a table, diagram or map), totalnumber and assayresults for the sampling have been included for each sample so as to ensure samples are representative and not selectively reported (JORC clause 19 and JORC Table 1); and • if the Offer Document reports visual results in the absence of assays, it doesnot include anyreference to the grade or economicpotential of the mineralisation (Example D in Annexure A of Guidance Note 8). Confirmed Mineral resources Complete this section if the Offer Document includes any reference to an estimate of mineral resources. 15. Where in the Offer Document does the competent person explicitly discuss the basis for the reasonable prospects for eventual economic extraction of the mineral resource (JORC clause 20)? ITAR: Section 4.4.1, page 56 and page 57, Table 4.7 16. Where in the Offer Document does the competent person explicitly discuss the technical and economic support for the cut-off assumption applied (JORC clause 20)? ITAR: Section 4.4.1, pages 54- 55 and 57-58 17. Where in the Offer Document does it disclose the relevant geology and geological interpretation (Listing Rule 5.8.1 first bullet point)?8 ITAR: Section 4.4.1, pages 50-55 18. Where in the Offer Document doesit disclose the entity’s sampling and sub- sampling techniques (Listing Rule 5.8.1 second bullet point)? ITAR: Section 4.4.1, page 50-55 and Table 1 disclosure in Annexure A 19. Where in the Offer Document does it disclose the entity’s drilling techniques (Listing Rule 5.8.1 third bullet point)? ITAR: Section 4.4.1 and Table 1 disclosure in Annexure A 20. Where in the Offer Document does it disclose the criteria used for classification, including drill and data spacing and distribution – this includes separately identifying the drill spacing used to classify each category of mineralresources (inferred, indicated and measured) where estimates for more than one categoryof mineralresource are reported (Listing Rule 5.8.1 fourth bullet point)? ITAR: Section 4.4.1 and Table 1 disclosure in Annexure A 8 Note that the information referred in items 17-24 should be disclosed independently from the separate report in relation to each of the criteria in sections 1, 2 and 3 (and 5 if appropriate) of JORC Table 1 required under Listing Rule 5.8.2 mentioned in item 25 below. 3460-5127-7630v1ASX Listing Information Form and Checklist Annexure 1 (01/12/19) Page 6 No Item Location/Confirmation 21. Where in the Offer Document does it disclose the entity’s sample analysis method (Listing Rule 5.8.1 fifth bullet point)? ITAR: Section 4.4.1 and Table 1 disclosure in Annexure A, 22. Where in the Offer Document does it disclose the entity’s estimation methodology (Listing Rule 5.8.1 sixth bullet point)? ITAR: Section 4.4.1 and Table 1 disclosure in Annexure A 23. Where in the Offer Document does it disclose the entity’s cut-off grade(s), including the basis for the selected cut-off grade(s) (Listing Rule 5.8.1 seventh bullet point)? ITAR: Table 4.4 in note 7 and pages 57-58. 24. Where in the Offer Document does it disclose mining and metallurgical methodsand parameters, and othermaterialmodifying factorsconsidered to date (Listing Rule 5.8.1 eighth bullet point)? ITAR: Section 4.4.1 and Annexure A. 25. Where in the Offer Document isthe separate report in relation to each of the criteria in sections 1, 2 and 3 (and 5 if appropriate) of JORC Table 1 (Listing Rule 5.8.2)?9 ITAR: Annexure A. These were originally disclosed as part of Mont Royal’s disclosure of the Ashram Project’sMineral Resource Estimate as a foreign estimate pursuant to ASX Listing Rule 5.12. For further information, please refer to ASX : MRZ, ‘Mont Royal to merge with Commerce Resources creating a new ASX/TSXV-listed Canadian focused Critical Metals Development Company, 10 April 2025: < https://cdn- api.markitdigital.com/apiman- gateway/ASX/asx- research/1.0/file/2924-02935112- 6A1259678&v=4a466cc3f899e00730cfb fcd5ab8940c41f474b6> 26. Please enter “Confirmed” in the column to the right to indicate that the following JORC requirements have been satisfied: • the mineral resource estimate has been appropriately classified according to increasing geological confidence (ie inferred, indicated or measured – JORC clause 20-24); • if an estimation of an inferred mineralresourceispresented on the basis of extrapolation beyond the nominal sampling spacing and taking into account the style of mineralisation, the report contains sufficient information to inform the reader of: • the maximum distance that the resource is extrapolated beyond the sample points; • the proportion of the resource that is based on extrapolated data; • the basis on which the resource is extrapolated to these limits; and • a diagrammatic representation of the inferred mineral resource showing clearly the extrapolated part of the estimated resource (JORC clause 21); • the mineral resource estimate has been rounded off to appropriately significant figures, is referred to asan estimate not as a calculation and, in the case of inferred mineral resources, is qualified by the term ‘approximately’ (JORC clause 25); ITAR: Confirmed ITAR: Confirmed ITAR: Confirmed 9 If an entity that determines that any of the criteria is not material to understanding the estimate of mineral resources, the entity must identify the criteria and explain why it has determined that it is not material to that understanding. 3460-5127-7630v1ASX Listing Information Form and Checklist Annexure 1 (01/12/19) Page 7 No Item Location/Confirmation • where contained metal or mineral content has been reported, corresponding tonnages and grade have also been reported (JORC clause 26); • inferred, indicated or measured resources have not been reported as a combined estimate unlessdetailsfor the individual categories have also been provided (JORC clause 26); and • resource estimateshave not been aggregated with reserve estimates to report a single combined figure (JORC clause 26). ITAR: Not relevant ITAR: Confirmed ITAR: Not relevant Ore reserves Complete this section if the Offer Document includes any reference to an estimate of ore reserves. 27. Where in the Offer Document doesit disclose the material assumptions and the outcomesfrom anypre-feasibilitystudy(PFS)or feasibilitystudy(FS), as the case may be, defining the ore reserves (Listing Rule 5.9.1 first bullet point)?10 N/A – no estimation of ore reserves. 28. Where in the Offer Document does it disclose the criteria used for classification, including the classification of the mineral resources on which the ore reserves are based and the confidence in the modifying factors applied (Listing Rule 5.9.1 second bullet point)? N/A 29. Where in the Offer Document does it disclose the mining method selected and other mining assumptions, including mining recoveryfactorsand mining dilution factors (Listing Rule 5.9.1 third bullet point)? N/A 30. Where in the Offer Document does it disclose the processing method selected and other processing assumptions, including the recovery factors applied and the allowances made for deleterious elements (Listing Rule 5.9.1 fourth bullet point)? N/A 31. Where in the Offer Document does it disclose the basis of the cut-off grade(s) or qualityparametersapplied (Listing Rule 5.9.1 fifth bullet point)? N/A 32. Where in the Offer Document does it disclose estimation methodology (Listing Rule 5.9.1 sixth bullet point)? N/A 33. Where in the Offer Document does it disclose material modifying factors, including the status of environmental approvals, mining tenements and approvals, other governmental factors and infrastructure requirements for the selected mining methods and for transportation to market (Listing Rule 5.9.1 seventh bullet point)? N/A 34. Where in the Offer Document isthe separate report in relation to each of the criteria in sections 1, 2, 3 and 4 (and 5 if appropriate) of JORC Table 1 (Listing Rule 5.9.2)?11 N/A 10 If the economic assumptions are commercially sensitive to the entity, an explanation of the methodology used to determine the assumptions rather than the actual figure can be reported. 11 If an entity that determines that any of the criteria is not material to understanding the estimate of ore reserves, the entity must identify the criteria and explain why it has determined that it is not material to that understanding. 3460-5127-7630v1ASX Listing Information Form and Checklist Annexure 1 (01/12/19) Page 8 No Item Location/Confirmation 35. Please enter “Confirmed” in the column to the right to indicate that the following JORC requirements have been satisfied: • the reserve estimate has been appropriately classified according to increasing geological confidence (ie probable or proved – JORC clause 29-32); • the reserve estimate has been rounded off to appropriately significant figures (JORC clause 33); • where present metal or mineral content has been reported, corresponding tonnages and grade have also been reported (JORC clause 34); • proved and probable reserves have not been reported as a combined estimate unless details for the individual categories have also been provided (JORC clause 34); • reserve estimateshave not been aggregatedwith resource estimates to report a single combined figure (JORC clause 36); and • where figuresfor both resourcesand reservesare reported, a statement hasbeen included in the Offer Document which clearlyindicateswhether the resources are inclusive of, or additional to, the reserves (JORC clause 36). N/A Production targets or financial information derived from production targets Complete this section if the Offer Document includes any reference to a production target or financial information derived from a production target (such as forecast revenues, forecast costs of production, forecast capex, a net present value, internal rate of return or payback period). 36. Where in the Offer Document does it disclose the material assumptions on which the production target is based (Listing Rule 5.16.1)? N/A – no production targets included in the Offer document. Specifically, where in the Offer Document does it disclose the material assumptions about the ‘modifying factors’ in the JORC Code? N/A Specifically, where in the Offer Document does it disclose the material assumptions about the scheduling of development and production and the availability of project finance? N/A 37. Where in the Offer Document does it state that the reserves or resources underpinning the production target have been prepared by a competent person in accordance with the JORC Code (Listing Rule 5.16.2)?12 N/A 38. Where in the Offer Document does it state the relevant proportions of ore reserves, mineral resources, exploration target and qualifying foreign estimates underpinning the production target (Listing Rule 5.16.3)? N/A 12 Note that disclosing a production target that is based solely on an exploration target or solely on a combination of inferred mineral resources and an exploration target is prohibited (Listing Rule 15.5(a)), as is disclosing a production target based solely or partly on historical estimates or foreign estimates (other than qualifying foreign estimates) of mineralisation (Listing Rule 15.5(b)). A production target that is based solely on an inferred mineral resource must comply with Listing Rule 5.16.6. 3460-5127-7630v1ASX Listing Information Form and Checklist Annexure 1 (01/12/19) Page 9 No Item Location/Confirmation 39. Is a proportion of the production target based on an inferred mineral resource? If so, please indicate where in the Offer Document the required cautionary statement has been included stating that:13 “There is a low level of geological confidence associated with inferred mineralresourcesand there isno certaintythat further exploration work will result in the determination of indicated mineral resources or that the production target itself will be realised” (Listing Rule 5.16.4)? N/A 40. Is a proportion of the production target based on an exploration target? If so, where in the Offer Document doesit include a statement of the factors that lead the entity to believe that it has a reasonable basis for reporting the production target in that context (Listing Rule 5.16.5 and section 8 of Guidance Note 31 Reporting on Mining Activities)? N/A Please also indicate where in the Offer Document the required cautionary statement has been included stating that:14 “The potential quantity and grade of an exploration target is conceptual in nature, there has been insufficient exploration to determine a mineral resource and there isno certainty that further exploration work will result in the determination of mineralresourcesor that the production target itself will be realised.” (Listing Rule 5.16.5 and section 8 of Guidance Note 31 Reporting on Mining Activities)? N/A 41. Is the Production Target based solely on an inferred mineral resource? If so, where in the Offer Document doesit include a statement of the factors that lead the entity to believe that it has a reasonable basis for reporting the production target based solely on inferred mineral resources (Listing Rule 5.16.6 and section 8.7 of Guidance Note 31 Reporting on Mining Activities)? N/A Please indicate where in the Offer Document it statesthe level of confidence with which the inferred mineral resources are estimated and the basis for that level of confidence (Listing Rule 5.16.6) N/A Please also indicate where in the Offer Document the required cautionary statement has been included stating that:15 “There is a low level of geological confidence associated with inferred mineralresourcesand there isno certaintythat further exploration work will result in the determination of indicated mineral resources or that the production target itself willbe realised. The stated production target is based on the company’scurrent expectationsof future resultsor eventsand should not be solely relied upon by investors when making investment decisions. Further evaluation work and appropriate studies are required to establish sufficient confidence that this target will be met.” (Listing Rule 5.16.6) N/A And provide a copy of the technicalreport required under Listing Rule 5.16.6 to support the production target with a sufficient level of confidence and which has been prepared by, or under the supervision of, a named independent competent person or persons and includes the information referred to in Listing Rules 5.22(b) and (c) N/A 13 Note that the cautionary statement must be proximate to, and have equal prominence as, the reported production target. 14 Note again that the cautionary statement must be proximate to, and have equal prominence as, the reported production target. 15 Note again that the cautionary statement must be proximate to, and have equal prominence as, the reported production target. 3460-5127-7630v1ASX Listing Information Form and Checklist Annexure 1 (01/12/19) Page 10 No Item Location/Confirmation 42. Is the production target based on a portion of inferred mineral resources and/or an exploration targetin addition to ore reservesand/ormeasured and indicated mineral resources? If so, please enter “Confirmed”in the column to the right to indicate that the entity is satisfied that the respective proportions of inferred mineral resources and the exploration target are not the determining factors in project viability (section 8.5 of Guidance Note 31 Reporting on Mining Activities) N/A Please also enter “Confirmed” in the column to the right to indicate that the inferred mineral resources and exploration target do not feature as a significant proportion earlyin the mine plan (section 8.5 of Guidance Note 31 Reporting on Mining Activities) N/A 43. Is a proportion of the production target based on qualifying foreignestimates that have not been verified and reported as mineral resources or ore reservesin accordance with the JORC Code after 3 yearsfrom the date the qualifying foreign estimates were initially reported? If so, where in the Offer Document isthe statement and explanation referred to in Listing Rule 5.14.2 (Listing Rule 5.16.7)? N/A 44. Doesthe Offer Document include forecast financialinformation derived from a production target relating to: • the mineralresourcesand ore reserves holdings of the entity (an entity level production target); or • a material mining project of the entity (or two or more mining projects which together are material to the entity)? If so, where in the Offer Document does it include all material assumptions on which the forecast financial information is based (Listing Rule 5.17.1)?16 N/A Where in the Offer Document doesit state the production target