Quarterly Activities/Appendix 5B Cash Flow Report

Critica Limited is pleased to announce its Quarterly Activities Report for the three months ending September 30, 2024. The Company achieved significant milestones, including a name change to Critica Limited and a capital raising of $6.8m while advancing exploration drilling at the Brothers Project. The Company has focused on critical minerals, particularly the flagship Brothers clay-hosted rare earth Project. New institutional investors, including NorthStar Impact Fund and Lion Selection Group, have shown support by investing in the company. The Company completed the acquisition of the Brothers rare earth Project and conducted a successful drilling program at Jupiter, with exceptional results.

Additionally, Critica identified a new rare earth discovery 40km east of Jupiter with high-grade mineralization. The metallurgical testwork program at Jupiter has commenced, focusing on efficient beneficiation methods. The company has completed the sale of the Riley Iron Ore Mine and initiated an unmarketable parcel share sale facility. Critica's cash position is strong, with funding available for future operations. The Board of Directors has authorized the release of this report to provide investors with a true and fair view of the company's activities. Investors are invited to engage with Critica Limited through their InvestorHub or by contacting the company directly.