Ann: Becoming a substantial holder, page-3

BGD Welcomes Collins St Asset Management as Substantial Shareholder Moves to 6.9% BGD shareholding following institutional placement HIGHLIGHTS Collins Street Asset Management (CSAM) manages the Collins Street Value Fund and Collins Street Gold Fund CSAM and related parties are now a 6.9% Substantial BGD Shareholder Dear Investors & Colleagues, We are pleased to confirm that Collins Street Asset Management has become a 6.9% Substantial Shareholder in Barton following our institutional placement toraise $3 million to fund Tunkillia studies and Tarcoola high grade drilling. Collins Street is a multi-fund Australian asset manager based in Melbourne, Victoria. As of 31 December 2023 the Collins Street Value Fund has returned over 14.5% p.a. for investors since inception (2016) and was the #1 ranked Australian Equity Fund according to the MercerInsights survey over 5 years. https://www.csvf.com.au/ The team at Collins Street have been very strong supporters of the Barton team and asset development strategy since joining our register during 2023, and we look forward to working with them as we pursue our long-term goal to develop South Australia's largest independent gold producer. A detailed copy of this announcement can be found on the ASX platform and the Company's websitehere. Regards, Alex Scanlon MD & CEO