Extension of Exclusivity for Los Altares

Norfolk Metals Ltd (ASX:NFL) (Norfolk or the Company) refers to its announcement dated 18 April 2024 regarding entry into an exclusivity and due diligence deed (Exclusivity Deed) with Green Shift Commodities Ltd (GCOM), a company incorporated in Canada, to acquire 100% of the Los Altares uranium project in Chebut, Argentina (Proposed Transaction).

Norfolk is pleased to confirm that Norfolk and GCOM have agreed to further extend the exclusivity period under the Exclusivity Deed by a further 30 days. The total exclusivity period under the Exclusivity Deed is now 105 days commencing on 14 April 2024.

Upon entry into any binding documentation in connection with the Proposed Transaction (which Norfolk notes is still subject to negotiation), Norfolk will provide a further update to the market in accordance with its continuous disclosure obligations

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