CONICO LTD — Capital/Financing Update 2024

Oct 6, 2024

ACN 009 253 187

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ASX ANNOUNCEMENT

7 October 2024

CONICO DIVESTMENT

Sale of Conico interests to support Parkinson Dam Activities

On the 2[nd] of October 2024, Tasman Resources Ltd (ASX: TAS) (“Tasman”) resolved to sell its 132,403,387 shares in Conico Ltd (ASX:CNJ) (“Conico”) in order to fund further activities on Tasman’s Parkinson Dam project. The Conico shares were subsequently sold on market at an average of $0.001 per share, for a total sale value of $132,430 after brokerage costs.

Tasman continues to hold 16,550,424 CNJO Conico Listed Options, exercisable at $0.026 per share on or before the 31[st] of December 2026.

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Greg Solomon Executive Chairman

This announcement was authorised by the above signatory.

For further information please contact Greg Solomon on +61 8 9282 5889.

Level 15, 197 St George’s Terrace, Perth, Western Australia 6000

Telephone: (08) 9282 5889

Email: mailroom@tasmanresources.com.au