TASMAN RESOURCES LTD — Capital/Financing Update 2025

Nov 9, 2025

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ACN 109 200 900

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

10 November 2025

Placement of Entitlement Offer Shortfall to Raise $4.35 million

Eden Innovations Ltd (“Eden”) (ASX: EDE) is pleased to announce that it has received firm commitments to raise approximately $4.35 million (before costs) through a placement of the remaining shortfall securities from its recent entitlement offer to shareholders (“Placement”).

The Placement was led by Oakley Capital Partners Pty Limited and co-managed by Peak Asset Management Pty Ltd, which received strong support from new professional & sophisticated investors.

In addition, Eden’s major shareholder, Tasman Resources Ltd (“Tasman”) intends to participate in the Placement for a total of $250,000. Tasman’s investment will be in lieu of providing further loan support to Eden (see ASX announcement by Tasman on 21 October 2025) and will be subject to shareholder approval in accordance with the ASX Listing Rules.

The committed shortfall from Eden’s entitlement offer, which closed on 2 September 2025, comprises:-

• 124,240,395 fully paid ordinary shares; and

• 62,120,198 attaching unlisted options, each exercisable at $0.07 and expiring on 8 September 2027.

The first tranche of the Placement for a total of 117,097,538 shares and attaching options (1 for 2 basis) will be issued on or about 13 November 2025 pursuant to the shortfall offer in the entitlement offer prospectus dated 13 August 2025. The follow-on issue of 7,142,857 Placement shares and attaching options to Tasman is to occur following shareholder approval at a general meeting to be held in December, with a notice of meeting to be dispatched in the coming weeks.

Eden will apply funds raised from the Placement, after payment of costs, towards ongoing marketing and commercialisation of its EdenCrete® and OptiBlend® products in USA and globally.

This capital raising, coupled with the recent sale of its Georgia property to substantially repay external debt, nearly completes Eden’s financial reconstruction.

Eden Innovations Ltd | Telephone +61 8 9282 5889 Level 15, 197 St George’s Terrace, Perth, Western Australia 6000, Australia | edeninnovations.com

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Gregory H. Solomon

Executive Chairman

This announcement was authorised by the above signatory. For further information please contact Gregory Solomon on +61 8 9282 5889.

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