San Finx Water Discharge Permit Is Awarded

Investment Highlights

• Operations at the San Finx tin and tungsten underground mine were halted by the previous owner in 2017. An application had been made, to the water authority, Aguas de Galicia, for the controlled discharge of treated water from the mine.
  
• In July¹, the Company announced that Aguas de Galicia had submitted a proposal for the approval of the water discharge permit, subject to certain conditions. These conditions were commented upon by the Company and other interested parties.
  
• On 1 February Government of Galicia (‘Xunta’) announced that the resolution authorizing the water discharge permit had been issued.

Managing Director Steven Turner said: “Pivotal Metals welcomes this excellent news. The award of the water discharge is an important milestone in the Company’s efforts to restart the San Finx mine and is a testament to the hard work undertaken by the team to demonstrate the Company’s commitment to proper environmental quality standards and social governance.”

This announcement has been authorised by the Board of Directors of the Company.

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