Jupiter Mines Limited - Strategy Update EV Batteries

Jupiter Mines Limited (ASX.JMS) (Jupiter or the Company) is pleased to provide an update to its five year Company Strategy, released on 31 March 2023.

The accompanying Strategy Update outlines Jupiter's progress with respect to its EV Battery Market entry strategy, exploring the potential to supply High Purity Manganese Sulphate Monohydrate (HPMSM), to the electric vehicle battery market.

This announcement has been authorised for release by the Board of Directors of Jupiter Mines Limited

Disclaimer: To the extent permitted by law, no representation or warranty, express or implied, is made as to the accuracy, reliability, completeness or fairness of the information, opinions and conclusions contained in this update. To the extent permitted bylaw, none of Jupiter, its related bodies corporate, shareholders or affiliates, nor any of their respective directors, officers, employees, related bodies corporate, associates, affiliates, agents or advisers makes any representations or warranties that this update is complete or that it contains all material information about Jupiter or its projects. To the extent permitted by law, none of those persons accepts any liability for any loss, claim, damages, costs or expenses of whatever nature (whether or not foreseeable), including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of information contained in this update or in relation to the accuracy or completeness of the information, statements, opinions or matters, expressed or implied, contained in, arising out of or derived from, or for omissions from, this update. This update may contain forward looking statements that are based on management's current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward looking statements. Forward looking statements can generally be identified by the use of forward looking words such as, 'expect', 'anticipate', 'likely', 'intend', 'should', 'could', 'may', 'predict', 'plan', 'propose', 'will', 'believe', forecast', 'estimate', 'target' and other similar expressions within the meaning of securities laws of applicable jurisdictions. The forward looking statements contained in this update include statements about future financial and operating results, possible or assumed future growth opportunities and risks and uncertainties that could affect Jupiter's business. These statements are not guarantees of future performance, involve certain risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. Actual outcomes and results may differ materially from what is expressed in this update. In any forward looking statement in which Jupiter expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis, but there can be no assurances that the statement or expectation or belief will result or be achieved or accomplished. Jupiter is not under any duty to update forward looking statements unless required by law.