Iron Fortune Pty Ltd

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Iron Fortune Pty Ltd Iron Fortune Pty Ltd is a privately owned Australian consulting and resources company focused on investment in businesses or assets aligned with resources.

Iron Fortune has offices in Truganina, Victoria and in Dili, Timor-Leste. Consulting services, minerals and resources and investment.

20/08/2026

English
Iron Fortune grants option over Vemasse mineral concession in Timor-Leste.

Iron Fortune has executed a Binding Term Sheet with Tivan Limited (ASX:TVN) granting Tivan an Option to acquire Iron Fortune’s Vemasse Exploration and Evaluation Licence located to the immediate west of Tivan’s Baucau Project in the Democratic Republic of Timor-Leste. Iron Fortune and Tivan have also agreed to explore opportunities for further collaboration in Timor-Leste beyond the Licence, as part of a collaborative relationship, based on mutual respect and shared interests in developing the mineral resources sector in Timor-Leste.

Comment from Tivan Executive Chairman, Mr Grant Wilson:
“We are very pleased to complete this transaction with Iron Fortune, an early mover in Timor-Leste. We appreciate the good faith shown throughout the negotiation.

We hope to advance further opportunities to collaborate, both for mutual benefit and to progress the development of the mineral resources sector in Timor-Leste, with respect and trust”.

Iron Fortune appreciates and values the good faith negotiations with Tivan, and will deploy funds raised from the transaction to progress exploration activities at the company’s two Oecusse tenements. The Oecusse tenements are prospective for manganese and other metallic minerals.
https://tivan.com.au
For more information please refer to the Tivan ASX Announcement using this link: https://wcsecure.weblink.com.au/pdf/TVN/03123255.pdf........................................................................................................................................................................................................Tetum
Iron Fortune fó Opsaun ba Konsensaun Minerál Vemasse iha Timor-Leste
Iron Fortune asina Termu kompromissu ho Tivan Limited (ASX:TVN), ne’ebé fó opsaun ba Tivan atu sosa Lisensa Esplorasaun no Avaliasaun Vemasse husi Iron Fortune. Lisensa ne’e lokaliza iha parte oeste ba Projetu Baucau Tivan nian iha República Democrática Timor-Leste.

Iron Fortune no Tivan mós konkorda atu loke oportunidade kolaborasaun tan iha Timor-Leste liuhosi Lisensa ne’e, hanesan parte husi relasaun kolaborativa, bazeia ba respeitu mútuu no interese komún atu dezenvolve setór rekursu minerál iha Timor-Leste.

Komentáriu husi Prezidente Ezekutivu Tivan, Sr. Grant Wilson:
“Ami kontente tebes atu kompletá tranzasaun ida-ne’e ho Iron Fortune, kompania pioneiru iha Timor-Leste. Ami apresia boa-fé ne’ebé sira hatudu durante negosiasaun.

Ami espera atu avansa oportunidade kolaborasaun tan, ba benefísiu mútuu no atu dezenvolve setór rekursu minerál iha Timor-Leste, ho respeitu no konfiansa.”

Iron Fortune apresia no valoriza negosiasaun ho boa-fé ho Tivan, no sei uza osan ne’ebé hetan husi tranzasaun ida-ne’e atu avansa atividade esplorasaun iha ninia tenementu rua iha Oecusse. Tenementu Oecusse nian potensial ba manganés no minerál metáliku sira seluk.
https://tivan.com.au
Ba informasaun liu tan, favor bele haree Anúnsiu ASX Tivan nian liuhosi link ida-ne’e:
https://wcsecure.weblink.com.au/pdf/TVN/03123255.pdf

18/11/2025



5th Timor-Leste Energy, Mining & Business Forum 2025

Iron Fortune is proud to be participating in the Timor-Leste Energy, Mining & Business Forum 2025 as Silver Sponsor, Presenter and Panel Member. The conference runs from 24th November to 26th November in Dili.

Both Mary Thompson and our CEO, Florentino Ferreira are attending, with Florentino presenting.

For more information please visit the website for the event and Agenda.

https://www.energycircle.org/event/timor-leste-energy

Agenda

Address

32 Andretti Court
Truganina, VIC
3029

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