Aspermont unveils MiningIQ, AI agreement and placement

• Launches new proprietary data and intelligence platform Mining-IQ.com
• Signs strategic agreement with Rio Tinto to digitize and structure 200 years of mining archives
• Raises A$1.75 million through placement to European institutional investors

Aspermont Limited (ASX: ASP), the leading media and information services provider to the global resources industry, has announced three significant milestones that mark the next phase of its corporate strategy. Firstly, the company has launched Mining-IQ.com, its new proprietary data and intelligence platform. Mining-IQ will consolidate Aspermont's global datasets into a suite of analytics products covering mining risk, project pipelines, ESG company performance, investor sentiment, and sector leadership. Secondly, Aspermont has entered into an agreement with Rio Tinto Ltd to digitize and structure approximately 200 years of Mining Journal and Mining Magazine's print archives. These archives will be integrated into a bespoke, enterprise-grade, large language model (LLM) powered search and generative AI platform. This represents a game-changing milestone for Aspermont and accelerates its strategic pivot towards becoming the leading provider of data and intelligence solutions for the global mining industry. Thirdly, Aspermont has successfully secured commitments for a placement of A$1.75 million to leading European institutional investors at a premium to the company's most recent trading price. In conjunction with the placement, Aspermont will launch a Share Purchase Plan (SPP) to enable eligible existing shareholders to participate on the same terms as the institutional investors. Funds raised will be used to scale the Mining-IQ platform, accelerate product development, invest in digitization and AI-driven data initiatives, and strengthen the company's balance sheet to support growth.

Aspermont has not provided any high-importance, price-sensitive forward-looking financial metrics or other company-specific metrics in the announcement.

Aspermont continues to execute its strategy to leverage its trusted brands, global reach, and proprietary archives to develop scalable, recurring-revenue intelligence solutions for the resources industry.