Quarterly activities report, Ullaby Metals

Ullaby Metals provides this update on its Yendaree Rise rare earths project in Western Australia.

Spending in the quarter was in line with the budget. The company held $16 million in cash at the end of the quarter, enough to fund planned work for more than twelve months. Planned work for the coming quarter is set out below.

This announcement was approved for release by the board of Ullaby Metals.