We are thrilled to announce that trading of PET shares on ASX resumed on Friday, 15 August. This is an important milestone for the Company, following a suspension that had been in place for two years. During this time, shareholders could not sell or add to their positions, and the shares were in danger of being delisted. Thankfully, we were able to present convincing evidence to the ASX that the Company was a going concern and that it met all ASX requirements.

This accomplishment is a testament to the hard work and dedication of both the new PET board and the wider GM team, who have tirelessly worked to uphold the strengths and potential of this remarkable company.

The board has made significant strides in repositioning the company, ensuring that expenditures are aligned with our strategic goals and enhancing operational efficiencies. This diligent approach has laid the groundwork for sustainable growth and long-term success.

We would also like to acknowledge and thank our valued clients, both established and new, for their continued support. Your trust and collaboration play a pivotal role in our journey to provide innovative solutions in water quality management.

With this new chapter, we look forward to enhancing our impact on sustainable environmental solutions and building lasting relationships.

Here’s to the future and the ongoing success of Phoslock!