Aldoro Formalises Strategic Partnership for Kameelburg

• Aldoro and Shenhuang have worked closely for six months on strategic initiatives for Kameelburg.
• Shenhuang is negotiating with potential strategic partners for Kameelburg.
• The mandate covers strategic investment, project funding, and commercialisation.
• Performance-based incentives are linked to strategic milestones.
• Issue of 23,000,000 Performance Options is subject to shareholder approval.

Aldoro Resources Limited (ASX: ARN) has entered into an agreement with Shenhuang Weiye Investment Management Consulting Centre to serve as Strategic Development Adviser for the Kameelburg Project in Namibia. The partnership aims to support the next phase of development and commercialization through strategic investment, project funding, pilot plant development, EPC, project development, product offtake, and potential capital markets transactions. Shenhuang is actively negotiating with potential partners. The agreement includes a performance-based incentive structure tied to specific milestones, with the issue of 23,000,000 Performance Options contingent on shareholder approval.

The partnership with Shenhuang aims to accelerate Kameelburg's development and commercialization, potentially creating significant long-term value for Aldoro shareholders.