SHARE PURCHASE PLAN CLOSESNew Murchison Gold Limited (ASX:NMG)...

SHARE PURCHASE PLAN CLOSES
New Murchison Gold Limited (ASX:NMG) (“NMG” or the “Company”) is pleased to announce the results
of the Share Purchase Plan (SPP) announced on 25 June 2025, which closed on Thursday 24 July 2025. The
Company received valid applications from eligible shareholders for 156,299,007 new shares in the
Company under the SPP, totaling $2.657 million, with a shortfall of 20,171,581 new shares (Shortfall).
In the interests of affording eligible shareholders the opportunity to subscribe for shares in the Company
at the same price as subscribers under the Company's recent $12 million placement (Placement), the
Company provided eligible shareholders the opportunity to subscribe for up to $30,000 worth of new
Shares (New Shares), without incurring brokerage or other transaction costs (refer to the Company's ASX
announcement dated 25 June 2025 for further details regarding the Placement and SPP). The issue price
of the New Shares will be $0.017 per New Share.
The maximum amount offered under the SPP was $3 million.
Subject to the Company's Listing Rule 7.1 placement capacity, the Board reserves the right to issue the
Shortfall to institutional, sophisticated and professional investors at its absolute discretion.
Alex Passmore, NMG’s CEO, commented: “The Board and I are pleased by the support we have received
from eligible shareholders for the SPP. It was important for the Company that shareholders had the
opportunity to participate in this capital raising alongside institutional investors who supported the
development decision for the Crown Prince Gold Mine.
The funds raised from the SPP will be combined with the funds raised from the placement announced 25
June 2025 and are proposed to be used for pre-production capital expenditure (e.g. mobilisation, PPE and
infrastructure costs), pre-revenue operating costs / working capital, corporate overheads and costs of the
capital raising.”