GREEN360 TECHNOLOGIES LIMITED — Board/Management Information 2021

Oct 19, 2021

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20 October 2021
ASX ANNOUNCEMENT
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Appointment of Chief Financial Officer

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SUVO STRATEGIC MINERALS LIMITED

ABN: 97 140 316 463

CORPORATE DETAILS: ASX: SUV

Australian kaolin producer and silica sand exploration company, Suvo Strategic Minerals Limited (‘Suvo or the Company’), is pleased to announce that it has appointed current Group Financial Controller, Mr Bojan Bogunovic, as Chief Financial Officer.

Mr Bogunovic is a qualified Chartered Accountant with a Bachelor of Commerce from Curtin University. Bojan has extensive experience in the mining, exploration, construction and agriculture industries in Australia and overseas. Bojan has held senior financial roles with a number of mining and exploration companies, most recently with ASX listed Kalium Lakes Limited.

Speaking on behalf of the Company, Suvo’s Executive Chairman, Robert Martin said “Bojan has made significant contributions to the Suvo group and will bring considerable finance, equity, debt and corporate development experience into his new role. Bojans appointment is an important step for the Company and ensures Suvo can focus on maintaining momentum and delivering strong performance and growth for our shareholders . The board look forward to working closely with Bojan on the development of our assets and the continued growth of our Pittong operations.”

DIRECTORS:

Robert Martin

Executive Chairman

Aaron Banks Executive Director

Dr Ian Wilson

Non-Executive Director

CONTACT DETAILS:

Level 9

182 St Georges Terrace Perth, Western Australia 6000

P +61 (8) 9389 4495 E info@suvo.com.au W www.suvo.com.au

The release of this announcement has been approved by the Chairman of Suvo Strategic Minerals Limited.

suvo.com.au

20 October 2021 ASX ANNOUNCEMENT

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Contacts:

Robert Martin

Aaron Banks

Executive Chairman Executive Director

E: robert.martin@suvo.com.au

E: aaron.banks@suvo.com.au

Company Profile

Suvo Strategic Minerals Limited is an Australian hydrous kaolin producer and exploration company listed on the Australian Securities Exchange (ASX:SUV). Suvo is focused on production at, and redevelopment of, their 100% owned Pittong hydrous kaolin operation located 40km west of Ballarat in Victoria. Suvo’s exploration focus is on their 100% owned White Cloud Kaolin Project located adjacent to Gabbin in the Central Wheat Belt, and the 100% owned Nova Silica Sands Project located in the Gin Gin Scarp near Eneabba, both situated in Western Australia.

Pittong Operations

The 100% owned Pittong Operations, located in Victoria 40km west of Ballarat, is the sole wet kaolin mine and processing plant in Australia and has been in operation since 1972. Pittong comprises the Pittong, Trawalla and Lal Lal deposits located on approved Mining Licences MIN5408, MIN5365 and MIN5409 respectively.

At Pittong mining contractors deliver crude kaolin ore to stockpiles from the two currently operating mines, Pittong and Lal Lal. The plant takes its feedstock from the ROM and it is processed into four separate products for end users. These products are 10% moisture lump, high solids slurry, 1% moisture powder and 1% moisture pulverised powder. The solids slurry is used in paper and board manufacturing. The other products are used in paper, coatings, paint and specialist industries including rubber and pharmaceutical applications. Around 20-25kt per annum is supplied to various end users.

The White Cloud Kaolin Project

The 100% owned White Cloud Project is located 215km northeast of Perth, Western Australia. The project area comprises four granted exploration licences (E70/5039, E70/5332, E70/5333, E70/5517) for 413km[2] , centred around the town and rail siding of Gabbin.

The generally flat area is primarily cleared farming land devoid of native bushland and is currently used for broad-acre cereal cropping. A mining access agreement is in place over the current resource area with the landowner and occupier.

The main rock types at White Cloud are primarily Archaean granite, gneiss, and migmatite. These rocks are overlain and obscured by Tertiary sand and Quaternary sheetwash. The weathering profile is very deep and contains thick kaolin horizons capped by mottled clays or laterite zones. The current JORC 2012 Mineral Resources are 72.5Mt of bright white kaolinised granite with an ISO Brightness of 80.5%, <45m yield of 41.2% results in 29.9Mt of contained kaolin.

Nova Silica Sands Project

The 100% owned Nova Silica Sands Project is located 300km north of Perth, Western Australia. The project comprises four granted exploration licences (E70/5001, E70/5322, E70/5323, E70/5324) for 169km[2] .

The project is located on the Eneabba Plain whose sandy cover is very flat to gently undulating. Outcrop is rare due to the accumulations of windblown and alluvial sand at surface. Below this is a thin hard silcrete or lateritic claypan which overlies deep white and yellow sands.

suvo.com.au