SensOre Ltd. advised that the demerger of Tully Investors Ltd. from SensOre Ltd. is expected to be completed immediately. The in-specie distribution to eligible SensOre Ltd. shareholders occurs in conjunction with the acquisition via shares and options from Deutsche Rohstoff A.G. of the 70% interest in Exploration Ventures AI Pty Ltd. that SensOre did not already own and the issue of shares to participants in the $3m placement undertaken by SensOre announced on 18 December 2023. The company announced that the board of directors of the company has been reconstituted effective immediately.

The following directors are the members of the reconstituted S3N board: Nicholas Limb (Chairman),Richard Taylor,Anja Ehser. SensOre thanks retiring directors Robert Peck AM (Chairman), Adrian Manger, Anthony O'Sullivan and Robert Rowe for their considerable and diligent efforts during their tenure as S3N directors.