First Tidal Acquisition Corp T.AAA

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[centreice007]

Hot off the press from Dundee

These are excellent results and we think investors should be excited for two reasons:

1. Location of the Drill Hole: As Exhibit 2 shows, drill hole DK-10-07 was drilled on the border of the newly purchased land package (in yellow "Haro Concession") in the North West region of Allana's concession. These positive results will help delineate the resource and extend the Musley Deposit further East by 700m. Moreover, the potash zone appears to be flat and continuous in this region, making it reasonable to assume that the deposit extends into the area recently acquired from Haro and at similar depths. This further strengthens our view that Allana is sitting on a resource 5 to 10 times larger than its current resource estimate of 105 million inferred tonnes, leaving plenty of upside potential and a strong catalyst for share appreciation from current levels.
2. Grade of the KCl: The 2m of 37.8% KCl is the best grade the company has reported of any drill hole. DK-10-02 is a close second containing 2m of 34.8% KCl and is located just North of DK-10-07. This area has proven to contain some high grades of KCl and more importantly, higher grades KCl than the current NI 43-101 resource estimated composite grade of 20.8% KCl, suggesting that not only is it very likely that the next resource estimate will increase the quantity as per our first point above, but also the quality of the potash which will ultimately mean more tonnes of K2O nutrient.

   C-Ice