Peter Klinger

Good morning. Thank you for joining us. We have a presentation here today from St. George Mining and discussing the update for the flagship Araxa, niobium and rare earths project in Brazil is Executive Chairman, Mr. John Prineas. I'm going to hand it over to John to walk you through the presentation and for the insights and milestones ahead for this company in the year.

Over to you, John.

John Prineas
Executive Chairman

Thank you very much, Peter, and thank you, everyone, for tuning in. You probably also saw that we've got our quarterly activities report out today. That reminded me that we've actually achieved quite a lot this month, quite a few important milestones. So we thought it would be a good opportunity to also do a webinar and take investors and shareholders through these achievements and how we're positioned for further growth over the next 12 months.

So I'll just go through this presentation, which will help explain the achievements. This is just a quick corporate snapshot. Really, the 2 key points here are we are now institutional investment-grade company. We started off in 2025 as just a junior mining company. We are investment-grade institutions. We completed a $72.5 million institutional placement last year with a number of North American, Australian and European institutions. And of course, Hancock Prospecting came in as our largest shareholder with a 6.2% stake. They've got a great track record in rare earths investment, of course, being the largest shareholder in Mountain Pass, MP Materials and Lynas.

We were admitted to the All Ordinaries Index on March 23 this year. So a great corporate