Tivan pays $50,000 for heritage agreement breaches

• Tivan issued a public apology and agreed to pay $50,000 in compensation for breaching a heritage protection agreement.
• The company's shares traded flat at $0.20 following the compliance update.
• Tivan is transitioning operations from exploration to development while negotiating a new native title agreement.

Tivan (ASX:TVN) issued a public apology to the Nganjuwarr Native Title Holders and agreed to pay $50,000 in compensation after unintentionally breaching a heritage protection agreement during its 2025 exploration campaign at the Speewah Fluorite Project.

The board stated that internal processes and record-keeping fell short of agreement requirements during the 2025 programme.

To prevent future non-compliance, Tivan implemented strengthened procedures, upgraded internal resources, and mandated cultural awareness training for all staff and executives.

The critical minerals company is negotiating a formal native title agreement with the Giliwinggin Aboriginal Corporation to establish a cultural heritage management plan for future site development.

Following the announcement the Tivan share price was unchanged at $0.20.

The Speewah Fluorite Project in Western Australia forms a core part of Tivan's critical minerals resources strategy.