Iris Acquisition Corp II Signs Letter of Intent for a Business Combination to form Freedom Metals Corporation – A U.S. Strategic Antimony & Tungsten Platform

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• Critical mineral companies have been among the strongest performers in equity markets over the past year, with leading sector indices posting returns well above 100%

  60% confidence

• Antimony and tungsten are essential materials for modern defence systems and advanced industrial technologies, yet global supply remains heavily concentrated outside the United States

  60% confidence

• Antimony and tungsten are essential materials for modern defence systems and advanced industrial technologies, yet global supply remains heavily concentrated outside the United States

  60% confidence

• The Company's assets, management team, and operational roadmap position it to become a cornerstone supplier of critical minerals

  60% confidence

• Critical mineral companies have been among the strongest performers in equity markets over the past year, with leading sector indices posting returns well above 100%

  60% confidence

• The Company's assets, management team, and operational roadmap position it to become a cornerstone supplier of critical minerals

  60% confidence

• This is the early stages of a long-term repricing in the critical minerals sector

  60% confidence

• Through this proposed transaction AT4 aims to establish Freedom Metals as a leading developer of U.S.-based antimony and tungsten assets capable of supporting the rebuilding of secure domestic supply chains

  60% confidence

• This is the early stages of a long-term repricing in critical minerals sector, and the transaction is designed to position shareholders at the forefront of that opportunity

  60% confidence

• Global demand for critical minerals continues to accelerate, driven by the energy transition and the growing need for resilient, diversified supply chains for defence and industrial technologies

  60% confidence

• The proposed transaction aims to establish Freedom Metals as a leading developer of U.S.-based antimony and tungsten assets capable of supporting the rebuilding of secure domestic supply chains

  60% confidence

• The global demand for critical minerals continues to accelerate, driven by the energy transition and the growing need for resilient, diversified supply chains for defence and industrial technologies

  60% confidence