Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

Really..........

CORPORATE

$35.6M private placement announced in May 2025, approved by Shareholders in early July16.

In early May, Aurum launched an A$35.6 million private placement (the "Placement") of 100 million ordinary shares at $A0.356 (35.6c) per share. The placement was concluded on 14 July following shareholder approval of all resoluons at a General Meeng held on 8 July 2025.

The Placement comprised $A23.89 million in cash and the issue of approximately 2.9 million fully paid common shares in TSX-listed Montage Gold Corp (TSX: MAU) ("Montage Shares")17.

Key parcipants in the Placement include:

•  Lundin Family and associates: A total cash investment of A$11.71 million, resulng in a 9.9% interest in Aurum post-Placement.

•  Zhaojin Capital Limited (a wholly-owned subsidiary of Zhaojin Mining Industry Company Limited): A total cash investment of A$8.19 million, increasing its interest in Aurum to 8.5% post-Placement.

•  Montage Gold Corp: Through the issuance of approximately 2.9 million Montage Shares, resulng in a 9.9% interest in Aurum post-Placement.