Magnis Resources Limited announces collaboration with C4V to enhance its lithium ion battery production.

Agreement Signed With SIEMENS:

• Agreement covers the Imperium3 battery plants

• Collaboration will start with forming an executive core group that would lead business as well as technical activities starting with the New York battery plant

• Siemens, a world leader in lithium-ion battery factory digitisation and automation, will identify resources to develop a clearly-defined functional specification for the use of industry software and automation technology for in-line integration of the plant

Magnis Resources Limited (“Magnis” or the “Company”) (ASX: MNS) is pleased to announce the signing of a Letter of Intent (LOI) with Siemens to collaborate with Magnis and Charge CCCV (C4V) to enhance its lithium-ion manufacturing technology