Entitlement Offer to Raise up to $1.78 million

• 1 for 2 pro rata non-renounceable offer to raise up to approximately $1.78 million (before costs). • Offer price of 2.5c per New Share represents a 26.5% discount to the last closing share price of $0.034 (as at 25 November 2025) and a 29.2% discount to the 10-day VWAP of $0.035 up to and including 25 November 2025. • Proceeds from the Entitlement Offer and placement to be applied towards explor