TECHGEN METALS LTD — Capital/Financing Update 2025

Nov 2, 2025

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9 [th] 3 November2023 [rd] November 2025
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DALGARANGA GOLD PROJECT - NEW STRATEGIC ACQUISITION THREE TENEMENTS SURROUNDING RAMELIUS’S DALGARANGA GOLD PROJECT

TechGen Metals Limited (“ TechGen ” or the “ Company ”) has strategically expanded its Western Australian gold portfolio with three new Exploration Licence Applications (E59/3024, E59/3025 and E59/3026), directly adjoining Ramelius Resources’ Dalgaranga Gold Project and Rumble Resources’ Western Queen Gold Project (Figures 1 & 2). The licences cover a combined 231km² and are located just 8km from Ramelius Resources’ Dalgaranga processing plant , within a proven gold-producing corridor that has seen limited modern exploration . The Company’s Dalgaranga Gold Project lies approximately 475km northeast of Perth and 80km northwest of Mount Magnet. This strategic acquisition complements TechGen’s existing copper and gold portfolio and provides shareholders with additional exposure and upside in the current strong gold market.

STRATEGIC HIGHLIGHTS

• ➢ Three new Exploration Licence Applications in the Dalgaranga region, each containing mapped Archean greenstone units and considered highly prospective for new gold discoveries.

• ➢ The licences cover a combined 231km² and are located just 8km from Ramelius Resources’ Dalgaranga processing plant, within a proven gold-producing corridor that has seen limited modern exploration.

• ➢ Ramelius Resources’ recent A$2.4 billion acquisition of Spartan Resources highlights the strategic importance and growth potential of the Dalgaranga Gold Project area.

• ➢ Applications E59/3024 and E59/3025 adjoin Ramelius Resources’ Dalgaranga Gold Project (2.97Moz @ 5.61g/t Au) on the northeast and southwest margins, positioning TechGen as the second-largest landholder in the Dalgaranga Greenstone Belt behind Ramelius.

• ➢ Application E59/3026 adjoins Rumble Resources’ Western Queen Gold Project (370,000 oz @ 3.1g/t Au) and makes TechGen the second-largest landholder in the Warda Warra Greenstone Belt behind Rumble.

• ➢ Compilation and review of historical exploration data across the three licence areas is underway to define high-priority gold targets.

• ➢ The Dalgaranga Gold Project complements TechGen’s growing copper portfolio, including its flagship Blue Devil and Mt Boggola copper targets, both scheduled for drilling in Western Australia.

TechGen’s Managing Director, Ashley Hood, commented :

“Securing such a high-calibre, underexplored sizable ground position adjacent to recent high-grade gold discoveries like Spartan Resources’ Never Never and Pepper deposits is a rare opportunity, especially in Western Australia’s premier gold fields. The new Dalgaranga Gold Project sits just 8km from Ramelius’s Dalgaranga Mill within a proven gold corridor that continues to deliver high quality results.

ABN: 66 624 721 035 | Registered Office: Level 1, 19 Ord Street, West Perth 6005 Telephone: +61 8 9481 0389 | Email: admin@techgenmetals.com.au | Website: techgenmetals.com.au

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This acquisition considerably strengthens our gold position in Western Australia, adding a highly prospective gold project alongside our drill-ready copper (& gold) assets at Blue Devil and Mt Boggola. It’s an exciting addition for minimal outlay that also offers immediate upside for shareholders as we move into our next phase of testing some of the highest quality copper/gold targets.”

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Figure 1: Location of E59/3024, E59/3025 and E59/3026 totalling 231km[2] .

ABN: 66 624 721 035 | Registered Office: Level 1, 19 Ord Street, West Perth 6005 Telephone: +61 8 9481 0389 | Email: admin@techgenmetals.com.au | Website: techgenmetals.com.au

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Figure 2: Location over magnetics of E59/3024, E59/3025 and E59/3026 totalling 231 km[2] .

ABN: 66 624 721 035 | Registered Office: Level 1, 19 Ord Street, West Perth 6005 Telephone: +61 8 9481 0389 | Email: admin@techgenmetals.com.au | Website: techgenmetals.com.au

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The Dalgaranga Gold Project consists of three Exploration Licence Applications covering a combined area of 231km[2] . Applications E59/3024 & E59/3025 are located in the Dalgaranga Greenstone Belt. Application E59/3026 is located in the Warda Warra Greenstone Belt.

Exploration Licence Applications E59/3024 & E59/3025 adjoin Ramelius Resources Dalgaranga Gold Project (2.97Moz @ 5.61g/t Au) on the northeast and southwest sides and make TechGen the second largest landholder in the Dalgaranga Greenstone Belt behind Ramelius. The Never Never and Pepper Lode gold discoveries, which form part of Ramelius’s Dalgaranga Gold Project, were made by Spartan Resources and are two of the highest grade +500,000oz Au discoveries made in Western Australia in recent times.

Application E59/3026 adjoins Rumble Resources Western Queen Gold Project (370,000 oz @ 3.1g/t Au) and makes TechGen the second largest landholder in the Warda Warra Greenstone Belt behind Rumble. The Western Queen Gold deposit sits along the Western Queen Shear Zone, a major fault structure running through the belt, which continues south into the Company’s new application area.

Previous exploration data is currently being compiled and reviewed and based on the results of that work initial exploration programs at the Dalgaranga Project will be planned. We look forward to providing further updates as information becomes available.

References

RMS ASX Announcement “Precious Metals Summit presentation” – 9/09/2025.

RTR ASX Announcement “Capital Raising Presentation” – 9/09/2025.

RMS ASX Announcement “Ramelius Completes Acquisition of Spartan” – 31/07/2025.

RMS ASX Announcement “Transformational Combination of Ramelius and Spartan” – 17/03/2025.

Watkins, K. P., Tyler, I. M. & Hickman, A. H., 1987. Cue, Western Australia. 1:250,000 Geological Series - Explanatory Notes. Geological Survey of Western Australia.

ENDS.

ABN: 66 624 721 035 | Registered Office: Level 1, 19 Ord Street, West Perth 6005 Telephone: +61 8 9481 0389 | Email: admin@techgenmetals.com.au | Website: techgenmetals.com.au

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About TechGen Metals Limited

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TechGen is an Australian registered exploration Company with a primary focus on exploring and developing its copper, gold, and antimony projects strategically located in highly prospective geological regions in WA, the NT and NSW.

For more information, please visit our website: www.techgenmetals.com.au

Authorisation

For the purpose of Listing Rule 15.5, this announcement has been authorised for release by the Board of Directors of TechGen Metals Limited.

Competent Person Statement

The information in this announcement that relates to Exploration Results is based on and fairly represents information compiled and reviewed by Andrew Jones, a Competent Person who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM). Andrew Jones is employed as a Director of TechGen Metals Limited. Andrew Jones has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves. Andrew Jones consents to the inclusion in this announcement of the matters based on his work in the form and context in which it appears.

ABN: 66 624 721 035 | Registered Office: Level 1, 19 Ord Street, West Perth 6005 Telephone: +61 8 9481 0389 | Email: admin@techgenmetals.com.au | Website: techgenmetals.com.au

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Previously Reported Information

Any information in this announcement that references previous exploration results is extracted from previous ASX Announcements made by the Company.

Cautionary statement

Certain information in this announcement may contain references to visual results. The Company draws attention to the inherent uncertainty in reporting visual results. Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations.

Forward Looking Statements

Certain information in this document refers to the intentions of TechGen, however these are not intended to be forecasts, forward looking statements, or statements about the future matters for the purposes of the Corporations Act or any other applicable law. Statements regarding plans with respect to TechGen’s projects are forward looking statements and can generally be identified using words such as ‘project’, ‘foresee’, ‘plan’, ‘expect’, ‘aim’, ‘intend’, ‘anticipate’, ‘believe’, ‘estimate’, ‘may’, ‘should’, ‘will’ or similar expressions. There can be no assurance that the TechGen’s plans for its projects will proceed as expected and there can be no assurance of future events which are subject to risk, uncertainties and other actions that may cause TechGen’s actual results, performance, or achievements to differ from those referred to in this document. While the information contained in this document has been prepared in good faith, there can be given no assurance or guarantee that the occurrence of these events referred to in the document will occur as contemplated. Accordingly, to the maximum extent permitted by law, TechGen and any of its affiliates and their directors, officers, employees, agents and advisors disclaim any liability whether direct or indirect, express or limited, contractual, tortuous, statutory or otherwise, in respect of, the accuracy, reliability or completeness of the information in this document, or likelihood of fulfilment of any forward-looking statement or any event or results expressed or implied in any forward-looking statement; and do not make any representation or warranty, express or implied, as to the accuracy, reliability or completeness of the information in this document, or likelihood of fulfilment of any forward-looking statement or any event or results expressed or implied in any forward-looking statement; and disclaim all responsibility and liability for these forward-looking statements (including, without limitation, liability for negligence).

For further information, please contact:

Mr Ashley Hood, Managing Director P: +61 8 9481 0389 E: admin@techgenmetals.com.au www.techgenmetals.com.au

ABN: 66 624 721 035 | Registered Office: Level 1, 19 Ord Street, West Perth 6005 Telephone: +61 8 9481 0389 | Email: admin@techgenmetals.com.au | Website: techgenmetals.com.au