• Touquoy restart approved by Nova Scotia Department of Environment and Climate Change
• Two major contracts signed with rural Nova Scotian companies for support services
• Restart to provide nearly 200 new jobs and boost Nova Scotia's GDP

St Barbara Limited (ASX:SBM) has announced the approval of a Final Investment Decision to proceed with the Touquoy Restart in Nova Scotia, Canada. The decision follows the receipt of approval for amendments to the Industrial Approval permit conditions from the Nova Scotia Department of Environment and Climate Change. St Barbara's subsidiaries have signed two major contracts with rural Nova Scotian companies, Alva Construction and MacGregor's Industrial, to provide support services for the reopening and processing period of the Touquoy Operation. St Barbara's Managing Director and CEO, Andrew Strelein, stated that the Touquoy restart is a significant step forward for the company in Nova Scotia, demonstrating the province's openness to investment in resources projects and providing nearly 200 new jobs within the province, while also contributing to the province's growing GDP. The Nova Scotia Minister of Natural Resources and Renewables, The Honourable Kim Masland, expressed her pleasure in seeing the contracts being signed to employ Nova Scotians, especially in rural areas, and keep them working close to home. The company anticipates that Touquoy will be in a position to recommence ore processing by the end of calendar year 2026.

The company anticipates that Touquoy will be in a position to recommence ore processing by the end of calendar year 2026.