Group 1 - BH Diamonds ME DMCC has completed the acquisition of 16,071,720 common shares of Lipari Mining Ltd. at a price of $0.30 per share, totaling $4,821,516 [1] - Following the acquisition, BH Diamonds now holds 59,398,126 common shares, representing approximately 40.4% of the total issued and outstanding common shares of Lipari Mining Ltd. [2] - Prior to the acquisition, BH Diamonds held 43,326,406 common shares, which accounted for approximately 29.5% of the total issued and outstanding common shares [2] Group 2 - BH Diamonds has a long-term investment perspective in Lipari Mining Ltd., with the potential to adjust its ownership based on market conditions [2] - BH Diamonds has the right to purchase additional common shares to prevent dilution from the exercise of outstanding common share purchase warrants [3] - An early warning report will be filed in accordance with Canadian securities laws, and it will be available on the Issuer's SEDAR+ profile [4]

Company Overview - Lipari Mining Ltd. is a Canadian diamond company operating the Braúna diamond mine in Brazil and developing the Tchitengo diamond property in Angola [2] - The company emphasizes collaboration with local communities to ensure sustainable operations with minimal environmental impact [2] Recent Developments - Lipari Mining's common shares began trading on Cboe Canada Inc. under the symbol "LML" on March 31, 2025, marking a significant milestone in the company's growth [1] - The listing is expected to enhance liquidity and market visibility, supporting the company's strategic objectives and long-term value for investors [1] Compliance and Certification - All natural diamond production from Lipari's operations is certified as "conflict-free" under the Kimberley Process Certification System (KPCS), which aims to prevent illegally produced diamonds from entering the legitimate trade [3]