• Lindian Resources Ltd (ASX: LIN) announces the dismissal of legal proceedings commenced by Deep Blue Sea Limited
• The High Court of Malawi has awarded full costs in favour of Lindian, allowing the company to recover legal costs
• The dismissal removes any uncertainty and allows Lindian to focus on advancing its Kangankunde Rare Earths Project in Malawi

Lindian Resources Limited (ASX: LIN) has announced that the legal proceedings commenced in the High Court of Malawi by Deep Blue Sea Limited, a company associated with Mr Robbie McCrae and Mr Peter Landau, against Rift Valley Resource Developments Limited, the administrator of the Estate of Michael G. Saner (deceased), and Lindian, have now been formally dismissed in their entirety. The company further advises that the High Court of Malawi has awarded full costs in favour of Lindian, entitling the company to recover the legal costs incurred in defending the claim. Lindian welcomes this outcome, as it removes any uncertainty arising from the proceedings and allows the company to maintain its focus on advancing the world-class Kangankunde Rare Earths Project in Malawi. The claim was lodged in the High Court of Malawi on 16 October 2024 in relation to various assertions by Deep Blue Sea Limited involving introduction fees and rights purportedly linked to Lindian acquiring any interest in Rift Valley Resources Ltd during 2018 discussions. Lindian became aware of the claim through a social media post published on X on 25 November 2024 and subsequently received a Notice of Summons dated 20 December 2024, requiring a response within 21 days. On 3 January 2025, the company filed its Response and Defence, together with an application to end proceedings early and an application for security of costs. Lindian has consistently maintained that the claims were baseless and reiterated its position that Deep Blue Sea Limited had no role or involvement in the transaction entered into with Rift Valley Resource Developments Ltd in 2022.