Ann: Cyanide Facility Completed , page-14

Alcyone’s Non-Executive Chairman Paul D’Sylva said: “the use of proceeds from the successful
completion of the Rights Issue has enabled Alycone to deliver on this key business milestone. The
new Facility will not only enhance the Company’s ability to realise its objective of becoming a low
cost silver producer but one that is further protected from extreme weather events that have
adversely affected production and profitability in the past