Euro Managanese Inc

Good morning and good afternoon, everyone. Welcome to Euromainganese's fourth quarter, fourth fiscal quarter and year-end conference call. I can see people are starting to join, so I'm going to give it another 30 seconds or so before we get started. I will just put myself on mute in the meantime. Alrighty, I can see people are in. I have just put a link in the chat function to the slides on our website should you wish to download those. A few housekeeping items before I hand it over to Matt. Please note this webcast is being recorded and a replay will be available on our website in due course. We'll be broadcasting the slides for today's call, but as I mentioned, these can also be downloaded from our website. We will go through the presentation, followed by a question and answer period. If you would like to ask a question, please use the Q&A function at the bottom of your screen. You can enter a question at any point during the presentation and we will cover it during the Q&A period. We also welcome questions post the call, so please feel free to reach out to Matt, Martina, or myself. Before we begin, I must remind you that this presentation involves forward-looking statements. Please refer to our cautionary statements here and the risk factors on our annual information form. Our news release filed on December 14th highlights our fourth fiscal quarter financial position. This should be read in conjunction with our management's discussion and analysis and financial statements for the year ending September 30th, 2023, both of which are available on our website, CDAR Plus and the ASX. Over to you, Matt.

Thanks, Louise. Good morning and good afternoon to everyone. Thank you for joining us to review developments during Euromagnesis' fourth fiscal quarter. Joining me today on the call are Martina Blahova, Chief Financial Officer, and Louise Burgess, Senior Director, Investor Relations and Corporate Communications. I'll pass on to Martina in a moment to go through financial highlights for the quarter and the company's financial position. Then I'll run through key developments during the quarter and how we performed against our key 2023 catalysts. I'll also go through upcoming catalysts for the year ahead. We'll wrap up with a question and answer session over to you, Martina.

Thank you, Matt. Just a reminder that we report to a year end of 30th of September. So our Q4 references for the period of July through September 2023. We also report in Canadian dollars. I will briefly comment on our cash position at the end of the quarter. We started the quarter with 10.9 million in cash. 0.5 million was spent to advance the commissioning of the demonstration plant, which is nearing completion. 2.8 million was spent on operating expenditures which cover the advancement of quality permitting including preparation of documentation for land planning and construction permits the gap analysis performed by wood and on the quality project feasibility study and other corporate costs we also made land option payments and lease payments of 10 point of 0.1 million We closed the quarter with 7.6 million in the bank. Following the period end in late November, 2023, we closed the first $20 million US dollars tranche of the Orion convertible loan facility. The net proceeds of this funding are expected to provide sufficient funding to complete the project permitting, demonstration plant commissioning and batch operation, and acquisition of certain remaining land parcels required for the project. We also expect to be able to initiate the feed phase of the EPCM contract and certain site preparation works as well as fund the general and administration expenses for the more than 12 months. Funding of our North American strategy is expected to be provided by our cash remaining before the Orion funding deal, future equity raises and funding by strategic industry investors and government programs. Additionally, subsequent to the closing of the first tranche of the convertible loan, we made the final option payments to acquire the company that owns the land where we intend to build the Chvaletice processing plant and related infrastructure. as disclosed in our year-end financial reports. We made one payment of approximately 1.2 million on November 29th, and the final payment of 3 million was made on December 28th, thus completing the acquisition. I will now turn it back to Matt.