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MATSA RESOURCES LIMITED — Capital/Financing Update 2025
Dec 8, 2025
65296_rns_2025-12-08_98403bbf-d1c6-49fa-b6fb-0b733610c7da.pdf
Capital/Financing Update
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Matsa Resources Limited
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ASX Announcement
9[th] December 2025
AngloGold Ashanti Pays A$1.5M Option Fee Lake Carey Gold Project
Matsa Resources Limited (“Matsa”, “Company”) is pleased to advise that it has received payment of the A$1.5M (ex. GST) option fee from AngloGold Ashanti Australia Limited (“AngloGold Ashanti”). The payment represents the second instalment which was required to allow the option to continue as required under the terms of the previously announced Tenements Option Agreement (“Agreement”)[1] .
The A$1.5M option fee payment was not due until 20 December 2025, but AngloGold Ashanti elected to make the payment earlier.
Matsa received the initial option fee payment in June 2025[2] as well as a reimbursement of tenement related costs incurred pursuant to the Agreement totalling $5.7M.
Matsa has now received a total of $7.2M from AngloGold Ashanti.
CORPORATE SUMMARY
Directors
Paul Poli - Executive Chairman Pascal Blampain
Andrew Chapman
Shares on Issue
944.69 million
Unlisted Options
150.97 million @ $0.05 - $0.13
Top 20 shareholders
Hold 69.48%
The next A$1.5M option fee payment is due by 20 June 2026 unless AngloGold Ashanti elects to withdraw from the option during the Option Fee Period.
Share Price on 8[th] December 2025
11.5 cents
This ASX announcement is authorised for release by the Board of Matsa Resources Limited.
Market Capitalisation
A$108.63 million
For further information please contact:
Paul Poli
Executive Chairman T 08 9230 3555
1 ASX Announcement 27 February 2025 – Matsa and AngloGold Execute $101M Deal for Lake Carey
2 ASX Announcement 23 June 2025 – A$113M AngloGold Ashanti Tenements Option Agreement Now Unconditional Lake Carey Gold Project
Matsa Resources Limited | www.matsa.com.au | ABN 48 106 732 487
Head office: 11/139 Newcastle Street, Perth Western Australia 6000 | Tel: (08) 9230 3555 | [email protected]
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