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SUREFIRE RESOURCES NL Capital/Financing Update 2025

Jul 15, 2025

65857_rns_2025-07-15_249f0d1e-bca0-466f-b365-815c372680df.pdf

Capital/Financing Update

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----- Start of picture text ----- 16 July 2025----- End of picture text -----

Non-Renounceable Rights Issue – Amended ASX Options Code in Table

Surefire Resources NL ( the Company or SRN ) advises that pursuant to the non-renounceable rights issue announced 26 May 2025, the Company has received applications for 593,731,315 New Shares from shareholders who have accepted their entitlement under the Prospectus and Supplementary Prospectus.

Each New Share will entitle the holder to be issued with one (1) free attaching bonus share for every four (4) New Shares applied for and one (1) free attaching options for every one (1) New Share applied for, exercisable into a fully paid share upon the payment of $0.004 on or before a date which is 2 years from their date of issue, that expiry date expected to be 11 July 2027 (together referred to as New Securities).

Holding statements in relation to the New Securities will be dispatched today in accordance with the revised timetable advised to ASX on 17 June 2025.

The remaining shortfall, which the directors reserve the right to issue in their discretion, amounts to ~$2,698,199 (~1,349,099,476 New Shares, subject to rounding) (the Shortfall ). The Company has engaged Sanlam Private Wealth Pty Ltd to act as lead manager in relation to placement of that Shortfall (see ASX release dated 26 May 2025).

The issued capital of the Company following the aforementioned allotment of New Securities pursuant to shareholder entitlements being taken up is as follows:

Listed Code Number
Fully paid ordinary shares* SRN 3,236,410,330
Options to acquire fully paidordinary shares, exercise price$0.019 each, expiry 30 November2026 SRNOD 351,072,907
Options to acquire fully paidordinary shares, exercisable at$0.004, expiry 11 July 2027 SRNOE 593,731,315
Unlisted
Partly-paid ordinary shares 608,785,323
Employee Options to acquire fullypaid ordinary shares, exercise price$0.018716 each, expiry6 December 2025 30,000,000

* Includes 100M shares which can be bought back by SRN for nil consideration.

Authorised for release by Rudolf Tieleman, Company Secretary

__________________________________________________________________________________ AUSTRALIA 45 Ventnor Avenue, West Perth WA 6005 | T +61 8 9429 8846 | F +61 8 9429 8800 ABN 48 083 274 024 | ASX SRN | E [email protected] www.surefireresources.com.au