DUAL LISTING ON FRANKFURT STOCK EXCHANGE COMPLETED

Marketing campaign underway with updated Corporate Presentation ______________________________________________________________________________

Australian resource company Surefire Resources NL (ASX: SRN ) ("SRN" or the "Company") is pleased to confirm that it has completed the dual listing of the Company's ordinary shares on the Frankfurt Stock Exchange (DAX) under the code GBL.

The company appointed Axino Capital to undertake the dual listing process and marketing of the company in Germany (see ASX announcement 27 June 2024). Axino Capital is the leading consultant in the mining and natural resources sector in Germany and has assisted many natural resource companies from ASX and TSX to dual list. For more information, please see www.axino.com.

Concurrently an investor relations and awareness marketing campaign has been implemented to attract German investors to Surefire.

An updated corporate presentation is attached and is being promoted through Axino to its global network of Investors, Family Offices and Financial press.

The Frankfurt stock exchange is one of Europe's largest stock exchanges handling total trades from within Germany and from other European countries. The aim of the dual listing is to expand the company's investor reach and increase its exposure to the European markets. No capital raise in Europe was required and is not currently planned.

The Company is planning development of its Victory Bore project with downstream processing in the Kingdom of Saudi Arabia to produce green metals and be part of the renewable energy sector. Downstream products include iron products and vanadium electrolyte (VE). VE is the key ingredient for Vanadium Redox Storage batteries (VRB) which are part of the alternative renewable energy market which is a driving force in Europe. Germany is host to some leading engineering groups developing VRB's and also has a significant Iron and Steel manufacturing base.

The company is progressing discussions in KSA and will update the market in due course.

Authorised for release to ASX by Paul Burton, Managing Director.

Inquiries:Paul Burton Managing Director +61 8 6331 6330

ASX:SRN | FSE:GBL

July 2024

Vanadium & Premium Iron Ore Critical Minerals Developer from Australia

Jan De Jager Chief Executive Officer

surefireresources.com.au

Disclaimer

Forward Looking Statements:

This announcement contains 'forward-looking information' that is based on the Company's expectations, estimates and projections as of the date on which the statements were made. This forwardlooking information includes, among other things, statements with respect to the Company's business strategy, plans, development, objectives, performance, outlook, growth, cash flow, projections, targets and expectations, mineral reserves and resources, results of exploration and related expenses. Generally, this forward-looking information can be identified by the use of forward-looking terminology such as 'outlook', 'anticipate', 'project', 'target', 'potential', 'likely', 'believe', 'estimate', 'expect', 'intend', 'may', 'would', 'could', 'should', 'scheduled', 'will', 'plan', 'forecast', 'evolve' and similar expressions. Persons reading this announcement are cautioned that such statements are only predictions, and that the Company's actual future results or performance may be materially different. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. The Company believes that it has a reasonable basis for providing the forward looking statements and forecast financial information included in this announcement. All material assumptions, including the JORC modifying factors, upon which the forecast financial information is based, are disclosed in ASX announcement 5 December 2023. This announcement has been prepared in accordance with JORC Code 2012 and the ASX Listing Rules

Competent Person Statements:

The information in this report that relates to exploration results has been reviewed, compiled and fairly represented by Mr Horst Prumm, a Member of the Australian Institute of Mining and Metallurgy ('AusIMM') and the Australian Institute of Geoscience ('AIG') and a fulltime employee of Prumm Corporation Pty Ltd. Mr Prumm has sufficient experience relevant to the style of mineralisation and type of deposits under consideration to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee ('JORC') Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves. Mr Prumm consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

The information in this report that relates to the Victory Bore Vanadium mineral resource estimation is based on work completed by Mr. Stephen Hyland, a Competent Person and Fellow of the AusIMM. Mr. Hyland is Principal Consultant Geologist with Hyland Geological and Mining Consultants (HGMC), who is a Fellow of the Australian Institute of Mining and Metallurgy and holds relevant qualifications and experience as a qualified person for public reporting according to the JORC Code in Australia. Mr Hyland consents to the inclusion in this report of the information in the form and context in which it appears.

New Information or Data:

SRN confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and, in the case of estimates of Mineral Resources, which all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not materially changed from the original market announcement.

Overview

Why Vanadium?

Efficient Energy Storage: Vanadium Redox batteries use a vanadium electrolyte solution held in storage tanks, allowing for efficient and scalable energy storage.

Why Premium Iron Ore

Significant reduction in carbon emissions: High-grade iron ore is crucial for green steel production, which relies on higher-grade ore processed in electric arc furnaces instead of coal.

Why Surefire Resources?

Safe Jurisdiction: We are developing a large critical vanadium and iron ore magnetite deposit in Western Australia - one of the best locations for building a mine.

Corporate Snapshot

Capital Structure		Shareholdings
Fully paid ordinary shares	1,986,307,813
Unlisted Partly paid @ $0.027	188,785,323	Board & Management16.5 %
Unlisted Partly paid @ $0.0059	70,000,000	Other
Current share price (AUD) (1)	$0.007	83.5 %
Market Capitalisation(AUD) (1)	$13.9M
Share Options (2)	351,072,907
Employee share options (3)	30,000,000
Cash (1)	$1.3M

(1) as of 19 July 2024

(2) Exercisable into fully paid shares at $0.019 each, on or before 30.11.2026 (3) Exercisable into fully paid shares at $0.018716 each, on or before 6.12.2025, subject to vesting conditions

The Team

Executive Team

25+ years´ in Australian Mining sector
corporate finance and deal making
Chartered accountant
Jan de Jager CEO

30+ years´ experience in natural resources from exploration to business development
Geologist and mineral economist

Paul Burton - MD

Board

Vladimir (Roger) Nikolaenko - Executive Chair

• 40+ years´ experience in growing public companies from exploration to operation

Michael Povey - Non-Executive Director

• 40+ years´ worldwide experience in the resource sector from mine management to production & deal making

Roger Smith - Non-Executive Director

Successful career as businessman
Extensive experience in public mining companies

Vanadium and Premium Iron Ore in Western Australia Victory Bore Critical Mineral Deposit

PFS Highlights (Dec 2023)

4 Mtpa production

NPV₁₀

24-year Life of Mine

US$ 254 OPEX / ton

2,4 years payback (pre -Tax)

42% IRR (pre-tax)

US$ 498 m capital cost

US$ 552 market price/ton

High quality vanadium resource US$ 1,1 bn

93 Mt reserve; 464 Mt Inferred

Battery grade vanadium electrolyte (Vanadium 0.35%, Iron 19.8%, Titanium 5.2%)

Based on PFS announcement 5 December 2023

Great Geology

X-Section

Two thick lodes of vanadiferous magnetite

For the Vanadium results refer to ASX announcement 15 December 2022 For the Aluminum results refer to ASX announcement 8 June 2023

The Strategy

Current Strategy

Mining & Beneficiation on Site (Australia)
Shipping to Saudia Arabia for processing

Why Saudi Arabia?

Memorandum of Understanding (MOU) with the Kingdom of Saudi Arabia has been signed
Up to 75% of CAPEX available from Saudi Investment Development Fund
MOU signed with Ajlan and RASI Investment Group (Saudi Arabia) for Investment and potential offtake