Energy Resources of Australia (ASX: $ERA) legal proceedings update

Energy Resources of Australia Ltd (ERA) (ASX: $ERA) has obtained an interim order from the Federal Court of Australia to stay the decision not to renew the Jabiluka Mineral Lease. The Court has scheduled a case management hearing on 19 August 2024 to set a timetable for the hearing of ERA's case. As a result, the Jabiluka Mineral Lease remains in effect pending further order from the Court.

Executive Commentary

We are pleased with the Federal Court's decision to grant an interim order staying the refusal to renew the Jabiluka Mineral Lease. This development allows us to present our case before the Court and seek a fair resolution. We remain committed to keeping our shareholders informed in compliance with our continuous disclosure obligations.

Summary

Energy Resources of Australia Ltd (ERA) has successfully obtained an interim order from the Federal Court of Australia to stay the decision not to renew the Jabiluka Mineral Lease. The Court has scheduled a case management hearing on 19 August 2024 to set a timetable for the hearing of ERA's case. As a result, the Jabiluka Mineral Lease remains in effect pending further order from the Court. ERA reaffirms its commitment to keeping shareholders informed and will continue to comply with its continuous disclosure obligations. The company's focus remains on seeking a fair resolution through the legal process.