13 August 2025

First Tin PLC

("First Tin" or "the Company")

Taronga Mine Camp Agreement with Glen Innes Severn Council

First Tin PLC, a tin development company with advanced, low capex projects in Germany and Australia, is pleased to announce that its 100% owned subsidiary, Taronga Mines Pty Ltd ("TMPL"), has secured an agreement with the Glen Innes Severn Council (GISC) to place its mine camp on GISC owned land adjacent to Glen Innes Airport.  The agreement was ratified by GISC at their July council meeting.

This location was the subject of a historic development application for a pilot training centre and associated accommodation facility. However, this development did not eventuate and the land remains vacant.

The proposed mine camp will consist of approximately 50 accommodation units and supporting facilities.  A rental agreement for the land has been negotiated on commercially acceptable terms.

The site was selected by TMPL after a thorough assessment of potential locations, with the following key benefits:

·      Strategic location for transport and traffic management: It is located on the regional road linking Glen Innes with Emmaville and avoids project-related traffic going through the Glen Innes township (see Figure 1). The site also has sufficient area available to provide parking arrangements in accordance with relevant standards so that it may be used as a transport hub for camp residents and employees living in and around Glen Innes to use company buses for travel to and from the Mine Site. This will significantly reduce project-related traffic between Glen Innes and Emmaville.

·      Existing infrastructure: Water, power and sewerage services of sufficient capacity to meet mine camp requirements are available at the site and TMPL will be able to connect and utilise these services.

·      Community impact: Locating the camp on this vacant land near Glen Innes rather than within the small township of Emmaville (population of less than 500 people) avoids placing pressure on local Emmaville infrastructure.

This is an excellent outcome and represents another significant step forward for the Taronga tin project.

First Tin CEO, Bill Scotting commented:

"The selected site on GISC owned land is an ideal location for our proposed mine camp and will play a crucial role in supporting the development of our Taronga tin project. We are very happy to have reached a mutually beneficial agreement with GISC and look forward to working closely with them in the future."

Figure 1: Taronga Mine Camp Location Plan

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Notes to Editors

First Tin PLC is an ethical, reliable, and sustainable tin production company led by a team of renowned tin specialists. The Company is focused on becoming a tin supplier in conflict-free, low political risk jurisdictions through the rapid development of high value, low capex tin assets in Germany and Australia, which have been de-risked significantly, with extensive work undertaken to date.

Tin is a critical metal, vital in any plan to decarbonise and electrify the world, yet Europe and North America have very little supply. Rising demand, together with shortages, is expected to lead tin to experience sustained deficit markets for the foreseeable future.

First Tin's goal is to use best-in-class environmental standards to bring two tin mines into production in three years, providing provenance of supply to support the current global clean energy and technological revolutions.