Dear Investors,

In our recent corporate update, we are pleased to announce the successful completion of a recent fund raising activity, with strong support from both new and existing investors. The raised funds will be utilized for advancing essential activities for our Bekisopa high-grade iron ore project in Madagascar, including permitting, project financing discussions, community engagement, and general working capital requirements.

We are also making significant progress in our business development efforts, receiving strong interest from potential strategic partners and stakeholders in advancing the Bekisopa Project. We continue to work closely with parties to further discussions and site visits.

Furthermore, in line with our growth trajectory, we have refreshed our corporate branding and website, reflecting our focus on high-grade iron ore. As part of our commitment to transparency and excellence, we are reviewing our governance policies to align with our current operations and strategic direction.

As the global demand for low carbon steel production continues to rise, Bekisopa remains strategically important, with the potential to contribute significantly to the future of steelmaking. We are dedicated to delivering value to our shareholders and stakeholders through our continued efforts.

For any further information or inquiries, please reach out to our Managing Director, Peter Bird, at info@akoraresources.com. We invite you to engage with us and look forward to any questions you may have regarding this update.

Thank you for your ongoing support as we advance towards our goals.

Warm regards,

[Your Company Name] Management