THOMSON RESOURCES LIMITED(TMZ)

name changed to Silver Metal Group Limited

The company releases an amendment to the completion of share consolidation.

The company has completed the consolidation of its issued capital, with 12 fully paid ordinary shares now forming one share, following shareholder approval at its Annual General Meeting.

The company has completed the name change process from Thomson Resources Ltd to Silver Metal Group Limited, effective from 2 December 2024, with the ASX listing code changing to SMG.

The company releases its results of the annual general meeting.

The company releases its notice of security consolidation or split.

The company releases an update on the Consolidation Timetable.

The company lodges its appendix 3H.

The company is set to hold its Annual General Meeting on 29 November 2024 at 45 Ventnor Avenue, West Perth, 6005 at 4:00 pm AWDT.

The company lodges the following: Annual Report to shareholders, Corporate Governance Statement, and Appendix 4G.

The company lodges its Half Yearly Report and Accounts.

The company lodges Quarterly Activities and Cashflow Report from September 2024.

ASX releases a notice regarding long-term suspended entities. The company's securities have been suspended for more than 3 months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

The company is planning a capital raise, including a placement to raise $8 million, a consolidation of its shares, and a name change to Silver Metal Group Limited. The company will seek shareholder approval for these changes at its upcoming annual general meeting. Proceeds from the Placement will be used to progress exploration assets, repay outstanding debt, and for working capital. Fosters Stockbroking will act as lead manager, and StocksDigital will provide investor relation services for 24 months.

The company lodges its Annual Report June 2023.

The company releases a notice of proposed issue of securities.

Thomson has entered into an agreement with Lind in respect of the finalisation of all outstanding obligations under prior share purchase agreements between TMZ and Lind.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

The securities of the company have been suspended for more than three months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

The company lodges its Quarterly Activities Report.

The company lodges its Quarterly Appendix 5B Cash Flow Report.

Warrick Gold Holdings Pty Ltd has failed to satisfy all of the conditions precedent under an agreement between Thomson Resources Ltd and Warwick Gold Holdings Pty Ltd pursuant to which TMZ agreed to sell to WGH and WGH agreed to buy from TMZ the Texas Silver Project in Southern Queensland. Under the terms of the Agreement a condition precedent stated that WHG were required to obtain Ministerial consent in relation to transfer of the Texas Tenements before 31 December 2023: this condition was not met by WGH nor waived by TMZ and accordingly TMZ advises that the Agreement is terminated. The Board of TMZ is now considering its position with regard to the Texas Silver Project.

The company issues a response to ASX Query Letter.

The company releases a response to ASX's initial director's interest notice query. The Directors are aware of their responsibilities under Listing Rule 3.19A, however the delay in lodgement was due administrative oversight brought about by the resignation of two directors and company secretary and their subsequent replacement.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

The company releases a notice of application for quotation of securities.

The company lodges its Quarterly Activities Report - June 2023.

The company lodges its Quarterly Cashflow Report - June 2023.

The company lodges its Quarterly Cashflow Report - March 2023.

The company lodges its Quarterly Activities Report - March 2023.

The company releases a notification of cessation of securities.

Effective completion of the sale of the Non-Core Texas Silver Project, as announced on 6 December 2022, to Warwick Gold Holdings Pty Ltd has occurred. Thomson and WGH are in the process of completing the transfer of the project assets to WGH.

The Company has exercised its right to exit from the Mt Carrington Earn In and Joint Venture agreement1 with White Rock Minerals Ltd. An internal review concluded that the earn in requirements; the liabilities to be incurred with the increase in environmental security bonds; and the cost of ongoing care and maintenance were too costly and onerous to justify continuing with the earn in. Thomson recently released an updated resource for several deposits at Mt Carrington but there was an insignificant silver content in these deposits to contribute materially to the Silver Hub and Spoke strategy. Thomson is continuing to review its Silver Hub and Spoke strategy, with recently released updated Mineral Resource Estimates for the 100% owned Webbs and Conrad silver deposits. Thomson will continue to be responsible for care and maintenance at the Mt Carrington site until May 17th 2023.

White Rock Minerals Limited informs the market that it has reluctantly placed its Morning Star Gold Mine at Woods Point into Care and Maintenance. Thomson Resources Ltd have formally withdrawn from the Mt Carrington Joint Venture, and as per the terms of the Joint Venture Agreement, their involvement will cease on 17th May 2023. Given these events WRM is in the process of adjusting its half year accounts, specifically the carrying value of both the Woods Point Gold Project and the Mt Carrington Project. WRM is working diligently to make the changes and will finalise and release these accounts as soon as possible.

The company lodges its FY23 Half Year Financial Statements.

The securities of Thomson Resources Limited will be suspended from quotation immediately under Listing Rule 17.2 at the request of TMZ, pending TMZ's appointment of sufficient directors to comply with section 201A(2) of the Corporations Act 2001 (Cth).

The suspension of trading in the securities of Thomson Resources Limited will be lifted immediately following the release by TMZ of an announcement regarding the termination of the convertible debt security transaction and initiation of the placement.

The company releases a notice of proposed issue of securities.

It has been agreed that rather than continuing with the Convertible Debt Securities, an alternative funding transaction is in the best interests of the Company, the holders of the Securities or shareholders. The Transaction will therefore be terminated and the Securities not issued and options issued cancelled. Ordinary shares n the Company of up to 80,000,000 shares will be placed at 4.1 cents (A$0.041) per share with every 2 shares subscribed for receiving 1 TMZOA option. The issue of the shares and the options will be undertaken through the Company's existing Listing Rule 7.1 capacity and the shares approved for future issue by shareholders at the Company's AGM held on 31 January 2022. Total proceeds received under such placements, before costs, will be up to $3,280,000. Settlement is expected on or before 22 April 2022. The proceeds from the placements will be used to repay the Securities.

The securities of Thomson Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of TMZ, pending the release of an announcement regarding a material capital raising.

listed entity carried for record purposes only