PETREL RESOURCES PLC

AGM Information • Jul 30, 2025

National Storage Mechanism | Additional information

RNS Number : 2409T

Petrel Resources PLC

30 July 2025

162 Clontarf Road

Dublin 3,

D03 F6T0

Ireland

Tel: +353 1 833 2833

Fax: +353 1 833 3505

info@petrelresources.com

www.petrelresources.com

30 July 2025

Petrel Resources plc

("Petrel" or "the Company")

Result of Annual General Meeting

At the Petrel Resources plc Annual General Meeting, held on 30th July 2025 in the Hotel Riu Plaza The Gresham, 23 O'Connell Street Upper, Dublin 1, D01 C3W7 at 12.00 pm, all the resolutions which were put to the meeting were duly passed. 

The board briefed shareholders on Petrel's existing and prospective projects, including our exploration and development proposals to the Iraqi authorities, and ongoing discussions with Ghanaian officials about possible additional acreage.  

Chairman David Horgan commented:

"The farm-out market for oil & gas projects remains subdued.  But there has been strong demand growth for energy minerals.  As shown in trade negotiations, economic powers are keen to secure sources and processing capacity of Critical Resource Minerals."

Since the 1990s, most discoveries have been achieved by junior explorers.  This cycle seems to be repeating, as majors and NOCs retrench, leaving the upside to daring independents.

Petrel is considering expansion opportunities into energy minerals, for which there is market and government support - provided the projects come with satisfactory title, finance and meet governance standards."

No new price-sensitive information was shared as part of this briefing as compared to that disclosed in the Company's 2024 Annual Report, which is available on its website.

Ends

Petrel Resources
David Horgan, Chairman	+353 (0) 1 833 2833
John Teeling, Director
Strand Hanson Limited - Nominated & Financial Adviser Richard Johnson James Bellman Robert Collins	+44 (0) 20 7409 3494
Novum Securities Limited - Broker  Colin Rowbury	+44 (0) 20 399 9400
BlytheRay - PR Megan Ray Madeleine Gordon-Foxwell	+44 (0) 207 138 3206 +44 (0) 207 138 3553 +44 (0) 207 138 3208
Teneo Fia Long Alan Reynolds Luke Hogg Alan Tyrrell	+353 (0) 1 661 4055

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGPKKBDNBKDKON