Option exercise nets $2.3M to expand exploration at Pinjin

• Strong uptake of KALOPT7 options by existing shareholders, providing $2.3 million. o Very strong support by major investors with full uptake of their allotments. o Full exercise of all Board-held options. o Bonus option at 6c to be issued to all participants shortly. • As at 2 October 2025, cash at bank now stands at $5 million. • KalGold is well-funded to further accelerate its work programs at