Overview of Arrow Minerals' response to ASX query

Arrow Minerals Limited (ASX:$AMD) has provided detailed responses to ASX's query regarding compliance with Listing Rules 3.1 and 15.7. The company addressed specific questions and concerns raised by ASX in relation to recent media coverage and the disclosure of information, emphasizing its commitment to compliance and transparency.

Executive Commentary on Compliance and Disclosure

AMD confirms that neither it, nor any of its representatives, provided a statement or information to the media concerning the information in the Article. AMD has no knowledge about how the information contained in the Article was obtained by the Australian Financial Review. AMD confirms that it did not provide any information in the Article to the Australian Financial Review, nor did it authorize the information for release to the Australian Financial Review, whether on an embargoed basis or otherwise. AMD confirms that neither it nor its officers were consulted or had contact with the journalist in relation to the preparation of the Article. AMD has in place a Continuous Disclosure Policy to ensure the protection of confidential information and the timely and balanced disclosure of all material matters concerning AMD. AMD takes steps to ensure that information that is price sensitive is restricted to employees on a need-to-know basis and that these employees are aware of AMD's Continuous Disclosure Policy, including the fact that information that is for release to the market cannot be released to external parties, even the media on an embargoed basis. AMD considers that the arrangements it has in place are adequate and customary for companies of a similar nature to AMD. In addition, AMD ensures each of its engagements with its advisors and services providers have confidentiality provisions to ensure compliance with Listing Rule 15.7. On the next occasion that AMD conducts a confidential transaction it intends to emphasize to its employees, representatives and the employees of its representatives (to the extent possible) their confidentiality obligations and that any provision of information to the media is unacceptable and will not be tolerated.

Summary of ASX Query Response and Outlook

Arrow Minerals Limited (ASX:AMD) has responded to ASX's query regarding compliance with Listing Rules 3.1 and 15.7, addressing concerns raised in relation to recent media coverage and the disclosure of information. The company emphasized its commitment to compliance with the Continuous Disclosure Policy and outlined additional steps it intends to take to ensure adherence to Listing Rule 15.7. AMD's board has authorized and approved the responses provided, demonstrating its commitment to transparency and regulatory compliance. Looking ahead, Arrow Minerals aims to reinforce confidentiality obligations and maintain a stringent approach to information disclosure, aligning with its corporate strategy of upholding regulatory standards and fostering investor confidence.