Alkane Resources — Major Shareholding Notification 2026

Apr 28, 2026

605 page 1/2 15July2018

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company/registered scheme/notified foreign passport fund name Alkane Resources Ltd.

ACN/ARSN/APFRN

NFPFRN (if applicable) 000 689 216

1. Details of substantial holder (1)

Name GMT Capital Corp.

ACN/ARSN/APFRN (if applicable)

NFPFRN (if applicable)

The holder ceased to be a substantial holder on 27/4/2026

The previous notice was given to the company, or the responsible entity for a registered scheme, or the operator of a notified foreign passport fund on 23/4/2026

The previous notice was dated 23/4/2026

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company, scheme or fund, since the substantial holder was last required to give a substantial holding notice to the company, scheme or fund are as follows:

Date of change	Person whose relevant interest changed	Nature of change(4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
	See Annexure A

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting securities in the company, scheme or fund are as follows:

Name and ACN/ARSN/APFRN (if applicable) and NFPFRN (if applicable)	Nature of association

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
GMT Capital Corp.	2859 Paces Ferry Road SE, Suite 1710, Atlanta, GA 30339

Signature

General Counsel and

print name Omar Z Idilby

capacity Chief Compliance Officer

sign here Omar Z Idilby

date 28/4/2026

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ANNEXURE A

COMPANY/REGISTERED SCHEME/ NOTIFIED FOREIGN PASSPORT FUND NAME: ALKANE RESOURCES LTD.

NFPFRN: 000 689 216

2. CHANGES IN RELEVANT INTERESTS

DATE OF CHANGE	PERSON WHOSE RELEVANT INTEREST CHANGED	NATURE OF CHANGE	CONSIDERATION GIVEN IN RELATION TO CHANGE	CLASS AND NUMBER OF SECURITIES AFFECTED	PERSON'S VOTES AFFECTED
24/04/2026	GMT CAPITAL CORP.	SALE OF FULLY PAID ORDINARY SHARES ON PUBLIC EXCHANGE	1078053.78 US DOLLARS	938700 FULLY PAID ORDINARY SHARES	938700
27/04/2026	GMT CAPITAL CORP.	SALE OF FULLY PAID ORDINARY SHARES ON PUBLIC EXCHANGE	1064874.71 US DOLLARS	938800 FULLY PAID ORDINARY SHARES	938800

THIS IS ANNEXURE A OF 1 PAGE REFERRED TO IN FORM 605- NOTICE OF CEASING TO BE A SUBSTANTIAL HOLDER

28/04/2026