Established Australian copper-gold producer and explorer, Aeris Resources Limited (ASX: AIS) (Aeris or the Company) is pleased to advise that it has entered into unsecured A$ copper and gold hedges for the period out to the end of June 2023.

3,000t of copper has been hedged at A$13,254/t @ 1,000t per month from April - June. Additional A$ gold hedges have also been entered into for a total of 5,478oz (978oz in March and 1,500oz per month from April to June). A$ gold hedge pricing is between A$2,819.91oz and A$2,835.20oz.

Aeris' Executive Chairman, Andre Labuschagne, said 'Whilst we maintain a positive outlook on both copper and gold we believe the current A$ pricing for both commodities is attractive and have undertaken these hedges to help underpin our revenue base out to the end of the financial year.'

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