RESEARCH REPORT: Parkway Corporate (ASX:PWN)

On 5 June 2023, Parkway released an ASX announcement titled, "Major Update on Master Plan Concept". In the ASX announcement, Parkway provided the following details regarding the preparation of an Independent Research Report.

Independent Research Report

Parkway recently engaged an established investment research organisation to prepare an independent research report, outlining a prospective investment case for Parkway, based on publicly available information. Preparation of the research report is nearing completion and is currently being updated to reflect the latest information relating to Master Plan, including indicative CAPEX and OPEX implications, as well as incorporation of the new upstream brine beneficiation and concentration technology, disclosed for the first time, in this release. The independent research report is anticipated to be released in early June 2023.

To access the independent research report, as well as interact with Parkway by posting questions/feedback through a Q&A function, we encourage investors to sign-up to the Parkway Investor Hub. Details about signing-up to the investor hub are outlined at the end of this release.

Timeline Update

The Independent Research Report is currently undergoing reviews by the author, to ensure, amongst other items, the report incorporates important details disclosed in the ASX announcement on 5 June 2023. Pending the finalisation of these reviews, the report is anticipated to be released in coming days.