GOLDEN GLOBE RESOURCES LTD. — Capital/Financing Update 2025

Oct 28, 2025

Golden Globe Resources (GGR)

Level 5, 126 Phillip Street Sydney, NSW 2000

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goldengloberesources.com

31 October 2025

Golden Globe Resources ACN 169 640 144

Pre-quotation disclosure

The following information is required to be provided to ASX Limited (ASX) for release to the market in connection with the admission of Golden Globe Resources Limited ACN 169 640 144 (ASX:GGR) (Company) to the official list of the ASX and the official quotation of fully paid ordinary shares in the Company (Shares).

Capitalised terms not otherwise defined this announcement have the same meaning in the prospectus dated 19 August 2025 (the Prospectus ).

The Company confirms that:

(a) the Offer made under the Prospectus has closed and was fully subscribed up to the Maximum Subscription;

(b) it has completed the issue of the following securities:

• i. the issue of 42,500,000 Shares at an issue price of $0.20 per Share pursuant to the Offer;

• ii. the issue of 10,625,000 New Options exercisable at $0.30 each expiring 2 years from the date of issue; and

• iii. the issue of 4,200,726 Lead Manager Options (2,100,363 Options exercisable at $0.30 each and 2,100,363 Options exercisable at $0.40 each) each expiring 3 years from the date of issue;

(c) there is at least 20% free float.

We attach the following disclosures:

(a) The pro-forma statement of the financial position based on the actual amount of funds raised under the Prospectus is set out in Attachment A .

(b) A statement of commitments based on the actual amount of funds raised under the Prospectus attached as Attachment B .

(c) A statement setting out the Company’s capital structure is set out in Attachment C.

(d) A statement setting out the number of securities subject to ASX restrictions and the escrow period applied to those securities is set out in Attachment D .

Golden Globe Resources (GGR) Level 5, 126 Phillip Street Sydney, NSW 2000 goldengloberesources.com

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Attachment A – Pro-forma statement of financial position

The table below sets out the Company’s reviewed Historical Consolidated Statement of Financial Position as at 30 June 2025 and the Pro Forma Consolidated Statements of Financial Position as at 30 June 2025 based on the $8.5m raised under the Offer.

With the exception of the subsequent event and pro forma transactions noted below no other material transactions have occurred between 30 June 2025 and the date of this Prospectus which the Directors consider require disclosure.

The Pro Forma Consolidated Statements of Financial Position are provided for illustrative purposes only and are not represented as necessarily indicative of the Company’s financial position.

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Source: GGR financial statements, Directors subsequent event and Pro forma adjustments

Subsequent Event Adjustments

The pro-forma Statement of Financial Position reflects the following events which have occurred after 30 June 2025.

A. The issue by the Company in a pre-IPO capital raise of 1,000,000 Ordinary Fully Paid Shares issued at $0.20 each raising $200,000, together with 1,000,000 free attaching unlisted Options exercisable at $0.30 with an expiry of two years from issue and valued at $87,700.

Golden Globe Resources (GGR) Level 5, 126 Phillip Street Sydney, NSW 2000 goldengloberesources.com

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B. Repayment of loans through cash payment of $118,849, the issue of 962,347 Fully Paid Ordinary Shares issued at $0.20 and valued at $192,469 and the issue of 300,000 Options exercisable at $0.30 per option with an expiry of 2 years from issue, vesting on IPO and valued at $26,310. Interest and fees of $124,351 in relation to the loans has been recognised. The loans were repaid in accordance with Deeds of Release executed by the Company and the lenders.

Pro-forma Adjustments – Actual Subscription ($8.5M)

Set our below are the Directors pro forma adjustments for the $8.5m subscription made to the reviewed financial position of the Company as at 30 June 2025

A. The issue by the Company of up to 42,500,000 Ordinary Fully Paid Shares at $0.20 raising up to $8,500,000 together with 10,625,000 free attaching unlisted Options on a one free attaching unlisted Option for every four Ordinary Fully paid Shares issued basis and exercisable at $0.30 with an expiry of two years from issue and valued at $931,813.

B. Cash costs of the Offer estimated to be $998,170 (excluding GST).

C. Non-cash costs of the Offer being the issue of 4,200,726 unlisted Options to Bell Potter or its nominees with 50% of the Lead Manager Options exercisable at $0.30 and the balance exercisable at $0.40 with an expiry of three years from issue and valued at $440,446.

D. Estimated GST payable in relation to the costs of Offer of $143,541 including $99,496 of GST payable on the cash costs of the Offer and $44,045 of GST payable on the non-cash costs of the Offer.

E. The recognition and settlement of liabilities owing to current and past Directors and contractors in the amount of $477,153.

Golden Globe Resources (GGR) Level 5, 126 Phillip Street Sydney, NSW 2000 goldengloberesources.com

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Attachment B – Statement of Commitments

The Company intends to apply funds raised from the Offer, together with existing cash reserves after Completion, over the two years following Completion as set out in the table below.

	Item Total (AUD) %
	Available Funds
	Funds from the Ofer $8,500,000 96%
	Existng Cash $328,189 4%
	Total Available Funds $8,828,189 100%
	Use of Funds
	Exploraton Expenditure
	Dooloo Creek $3,664,063 42%
	Alma $164,000 2%
	Neila Creek $1,802,575 20%
	Total Exploraton Expenditure $5,630,638 64%
	Operatonal Expenditure
	Additonal Expenses and Working Capital$2,199,381 25%
	Costs of Ofer (excl. GST) $998,170 11%
	Total Operatonal Expenditure $3,197,551 36%
	Total Use of Funds $8,828,189 100%

Confirmation of Commitments

The Company confirms:

• (a) that there are no legal, regulatory, statutory or contractual impediments to GGR entering the tenements comprising its Dooloo Creek Project, Alma Project, and Neila Creek Project (EPM 15343, EPM 27722, EPM 27728 and EL 8864) carrying out exploration activities such that GGR will be able to spend its cash in accordance with its commitments for the purposes of Listing Rule 1.3.2(b); and

• (b) that it has paid Argodata Pty Ltd $20,000 cash, in accordance with the Farm-in and Joint Venture Agreement with Argodata Pty Ltd (see section 11.3 of the Prospectus for further information).

Golden Globe Resources (GGR)

Level 5, 126 Phillip Street Sydney, NSW 2000

goldengloberesources.com

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Attachment C – Capital Structure

The Company confirms that it has issued the New Shares, Options and Lead Manager Options as set out in the table below. Further, the Company confirms that its capital structure with effect from the date of listing is as set out in the table below.

	Securites Number of Securites %
	Shares
	Shares on issue at the date of this Prospectus 97,524,210 69.6%
	Shares to be issued under the Ofer 42,500,000 30.4%
	Total Shares on issue following completon of the Ofer 140,024,210 100.0%
	Optons
	Optons on issue at the date of this Prospectus 25,150,000 62.9%
	New Optons to be issued under the Ofer 10,625,000 26.6%
	Lead Manager Optons 4,200,726 10.5%
	Total Optons on issue following completon of the Ofer 39,975,726 100.0%
	Total Securites on issue following completon of the Ofer 179,999,936 —

Golden Globe Resources (GGR)

Level 5, 126 Phillip Street Sydney, NSW 2000

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goldengloberesources.com

Attachment D – Restricted Securities

The following securities are not quoted and are classified as restricted securities of the Company.

	Category Number of Shares Descripton
	Mandatory Escrow Securites
	24-month mandatory escrow shares 28,238,785 Shares subject toASX-mandated 24-month escrowin accordance withListng Rules 9.1–9.5. These securites cannot be traded, transferred, or otherwise dealt with without ASX consent during the escrow period.
	24-month mandatory escrow optons 23,950,726 Optons subject toASX-mandated 24-month escrowin accordance withListng Rules 9.1–9.5. These securites cannot be traded, transferred, or otherwise dealt with without ASX consent during the escrow period.
	Total Mandatory Escrow Securites 52,189,511 —
	Voluntary Escrow Securites
	6-month voluntary escrow 19,494,250 Shares subject to avoluntary escrow arrangement for six monthsfrom quotaton, as agreed with the Company and the relevant securityholders.
	Total Voluntary Escrow Shares 19,494,250 —
	Total Shares subject to escrow 47,733,035 —
	Shares not subject to escrow 92,291,175 Freely tradable on quotaton.