GEOPACIFIC RESOURCES LTD — Capital/Financing Update 2024

Mar 27, 2024

ASX: GPR 28 March 2024

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Bond Repayment Deferred to 30 September 2024

Key Points:

• Bearer bond extensions agreed with Deutsche Balaton AG and 2Invest AG

• Repayment now due on or before 30 September 2024

• 4% prolongation fee payable at maturity

• Other terms unchanged[1]

Geopacific Resources Limited (ASX: GPR ) is pleased to advise that it has extended the maturity date of the short-term bearer bonds on issue with major shareholders, Deutsche Balaton AG and 2Invest AG, in exchange for a 4% prolongation fee payable at maturity.

The extension results in a deferral of the bearer bond repayment date from 29 March 2024, to on or before 30 September 2024.

All other terms in relation to the bearer bonds remain unchanged.

This announcement was authorised by the Board of Geopacific.

	Company details	Board & Management	Projects
	Geopacific Resources Limited	Graham Ascough - Non-Executive Chairman	PAPUA NEW GUINEA
	ACN 003 208 393	Hansjoerg Plaggemars - Non-Executive Director	Woodlark Island Gold
	ASX Code: GPR	Michael Brook - Non-Executive Director
	info@geopacific.com.au	Rowan Johnston - Non-Executive Director
	http://www.geopacific.com.au	Hamish Bohannan - Non-Executive Director
	T +61 8 6143 1820	James Fox - CEO
		Matthew Smith - CFO and Company Secretary
	Head Office
	Level 1, 278 Stirling Highway	Media – Paul Armstrong
	Claremont WA 6010	Read Corporate
	PO Box 439, Claremont WA 6910	+61 8 9388 1474

1 Refer ASX releases on 19 October 2023 titled “$3.5M Short-term Unsecured Funding from Bond Issue” , 27 December 2023 titled “Bond Repayment Deferred to 29 March 2024” and 2 January 2024 titled “Further $1.8M of Short-term Unsecured Funding Available” for full details.

Geopacific Resources Limited

www.geopacific.com.au