Issue of Shares for Macacha Project

11 March 2026

AJAX RESOURCES PLC

("Ajax" or the "Company")

Issue of Shares for Macacha Project

Ajax [AQSE: AJAX], the natural resources investment company, announces that it has issued 927,000 ordinary shares of 1 pence each ("Ordinary Shares") at 8 pence per Ordinary Share in consideration for entering into a definitive Option-to-Purchase Agreement for 100% of the Macacha Project, as set out in announcement of 2 March 2026.

An application will be made for the admission to trading on the Aquis Growth Market of the New Shares, with admission anticipated on or around 16 March 2026 ("Admission").

On Admission, the Company will have 120,108,836 Ordinary Shares in issue, each with one voting right. The Company does not hold any shares in treasury and therefore the total number of voting rights in the Company is 120,108,836. This figure should be used by shareholders from Admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

- ENDS -

For further information: