Market Update - Further Delay in Assay Results
1 ACN 119 057 457 A USTRALIAN S ECURITIES E XCHANGE A NNOUNCEMENT 14 January 2022 MARKET UPDATE Conico Limited (ASX: CNJ ) (“ Conico ” or “the Company”) and its wholly owned subsidiary Longland Resources Ltd (“ Longland ”) wishes to update the market on the status of pending assay results for the 2021 field season at Ryberg in East Greenland. The assay laboratory in South Africa has stated that analytical results for samples submitted will be further delayed due to Covid-19 related labour shortages. The laboratory has advised that the samples will be available to Conico on 24 January 2022. A further update to the market will be given once the assay results have been received and interpreted. By order of the board. Guy T Le Page, FFIN, MAusIMM Executive Director Guy Le Page is a director of Conico and was authorized to sign this announcement. For any queries regarding this announcement please contact Guy Le Page on +61 (8) 6380 9200. FORWARD-LOOKING STATEMENTS This announcement contains forward-looking statements that involve risks and uncertainties. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this announcement. No obligation is assumed to update forward-looking statements if these beliefs, opinions, and estimates should change or to reflect other future developments.