Appendix 5B Cash Flow Report

• Quarterly cash flow from operating activities of $357,000
• Exploration and evaluation expenditure of $1,014,000
• Cash and cash equivalents of $4,014,000 at quarter end

Sunshine Metals Ltd has released its Appendix 5B cash flow report for the quarter ended 31 March 2026. The company reported net cash inflows from operating activities of $357,000 for the quarter, primarily due to the receipt of $634,000 in Pluton outstanding royalty dividends. Exploration and evaluation expenditure for the quarter was $1,014,000. At the end of the quarter, Sunshine Metals had $4,014,000 in cash and cash equivalents, a decrease of $635,000 from the previous quarter. The company did not have any loan facilities or credit standby arrangements in place during the quarter.