• Company continues to manage cash reserves prudently
• Seeking clarity on status of mineral tenements in Guinea
• Suspended all project activities in Guinea due to regulatory uncertainty

Arrow Minerals Limited has reported on its activities for the March 2026 quarter. The company continues to manage its cash reserves prudently and is actively engaged with the Guinean authorities seeking clarity on the status of its mineral tenements, including the Niagara Bauxite and Simandou North Iron projects, following media reports in 2025 about the potential cancellation of numerous exploration permits in the country. Despite these reports, the company has not received any formal communication from the Guinean government regarding changes to the status of its exploration permits and remains in a trading suspension while it continues to investigate the situation. All project activities in Guinea have been suspended as the company awaits formal clarification on its tenure position before resuming field work. The company has consolidated and securely stored all drill core, sample materials, and related assets from the Simandou North project, and has maintained a minimal team of seven essential personnel to maintain site security. The company continues to assess new exploration opportunities as part of its ongoing project generation strategy.