Preliminary Final Report

• Lion invested $22.5M in micro-capitalization resources companies.
• Investment in Medallion Metals increased by $5.1M.
• Portfolio value grew 68% to $106.5M.
• Profit down 77% to $8.89M.
• Strong balance sheet with $36M in cash and term deposits.

Lion Selection Group Ltd's preliminary final report for the year ended 31 July 2026 shows a significant drop in profit by 77% to $8.89M. The company strategically invested $22.5M in micro-capitalization resources companies, focusing on near-development assets. Key investments saw notable increases, such as a $5.1M gain in Medallion Metals and a $4.8M increase in Sunshine Metals. Despite these gains, the company also experienced reductions in value for some holdings, including a $2.9M decrease in Brightstar and a $2.6M decrease in Koonenberry. The total portfolio value grew by 68% to $106.5M. The company maintains a strong balance sheet with $36M in cash and term deposits, positioning it well for future opportunities in the junior resources market.

Portfolio value grew 68% to $106.5M; Profit down 77% to $8.89M

Lion Selection Group Ltd sees a compelling outlook for prospective investment returns, especially as the cyclical return to boom conditions enhances the performance of its target market.