AKORA RESOURCES LIMITED — Share Issue/Capital Change 2026

May 10, 2026

AKORA Resources

AKORA Resources Limited
PO Box 28
Ballarat Victoria 3350
Australia

info@akoravy.com
ACN 139 847 555
ASX: AKO

www.akoravy.com

11 May 2026

Share Placement – Cleansing Notice

Akora Resources Limited (ACN 139 847 555) (ASX:AKO) (AKO or the Company) advises that it will today issue 19,885,000 ordinary shares to sophisticated and professional investors (Placement Shares) at an issue price of $0.08 to raise approximately $1,590,800 pursuant to the share placement announced to the market on Monday, 4 May 2026 and as detailed in the Appendix 3B lodged with ASX on that date (Placement).

13,285,000 ordinary shares were issued under the Company's 15% placement capacity pursuant to ASX Listing Rule 7.1 and 6,600,000 ordinary shares were issued under the Company's 10% placement capacity pursuant to ASX Listing Rule 7.1A.

The Company advises that:

(a) the above Shares were issued without disclosure to eligible shareholders under Part 6D.2 of the Corporations Act 2001 (Cth) (Act);
(b) this notice is being given in accordance with section 708A(5)(e) of the Act;
(c) as at the date of this notice, the Company has complied with:

(i) the provisions of Chapter 2M of the Act as they apply to the Company; and
(ii) sections 674 and 674A of the Act; and

(d) as at the date of this notice, there is no information that is "excluded information" (as defined in sections 708A(7) and 708A(8) of the Act) which is required to be disclosed by the Company.

An Appendix 2A in respect of the Placement is being lodged today.

For further information, please contact:

Shane Turner
Company Secretary
T: +61 (0) 3 5330 5800

This announcement has been authorised by AKORA Resources Limited's Board of Directors.

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