MRG Metals Limited and Tianjin Lanqi Materials Company Limited have agreed to extend the Due Diligence period of the Memorandum of Understanding to form a Joint Venture till 30 November 2023. The request for extension was made by LANQI following timing constraints related to travel arrangements for their technical team into Mozambique, which follows the completion of their laboratory analysis and metallurgical work on 3 heavy mineral concentrate samples. The Mozambique technical review visit is now planned to commence late October/early November.