Offer Price

A$0.0105

per share

Offer Size

A$1,575,000

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Krakatoa Resources Limited (ASX:KTA)

KTA

Lead Manager

Offer Price

A$0.0105

per share

Offer Size

A$1,575,000

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Offer Details

Issue Price (Per Share)

A$0.0105

Discount

-50.00%

Offer Size

A$1,575,000

Shares Available

150,000,000

Krakatoa Resources Ltd (“KTA” or “the Company”) is raising up to A$1,575,000, via the issuance of up to 150,000,000 fully paid ordinary shares at A$0.0105 (1.05c) per share (“New Shares”) under the Company’s ASX capacity limits of LR7.1 and LR7.1A (“Placement”).

This price represents a ~24% discount to the 15-day VWAP and a ~13% discount to the last traded price of $0.012.

In addition, and subject to shareholder approval, the Company is offering 1 attaching unquoted option for every 2 shares successfully subscribed for with an exercise price of 2c and an expiration date of 30 September 2026 (“Attaching Options”).

This offer is being conducted directly by the Company.

Documents & Downloads

Term Sheet

Investor Presentation

Company Overview

KTA is an ASX listed company advancing the world class Zopkhito high-grade antimony and gold project in Georgia, while actively exploring for other critical and precious metals in Western Australia and New South Wales, Australia.

KTA’s 2025 primary objective is to rapidly convert Zopkhito’s globally significant foreign resource estimate (225Kt @ 11.6% Sb for a contained 26,000 tonnes of Sb and 7.1Mt @ 3.7g/t for 815,119oz of Au) into a JORC compliant resource and later, increase that resource.

Secondly, in July 2025, KTA’s objective is to drill the 100% owned Stone Tank prospect via a $220,000 grant awarded by the Western Australian Government to test two high priority, discrete and strong amplitude gravity anomalies where soil and stream geochemistry support the presence of niobium & rare-earths. Stone Tank targets are believed to be alkaline intrusive bodies such as a carbonatites. KTA envisages that drill testing these targets will be fully funded by the State grant.

Zopkhito Antinomy-Gold Project Background

In December 2024, KTA secured an option to acquire an 80% interest in the globally significant, high grade Zopkhito Antimony-Gold Project in European Georgia (Project) from JSC Caucasus Minerals (JSCCM), a company incorporated under the laws of Georgia. The terms and consideration payable in relation to the acquisition are outlined in the ASX announcement dated 9 December 2024.

Zopkhito Antinomy-Gold Project Investment Highlights

Option to acquire an 80% interest in this world renown Antimony and Gold project in European Georgia.

The Zopkhito project contains Non-JORC foreign estimates of 225Kt @ 11.6% Sb for a contained 25,000 tonnes of Antimony and 7.1Mt @ 3.7g/t for 825,119 oz of gold*

Extensive historical exploration has already been undertaken over 27km of exploration adits with veins exposing significant high grade antimony and gold mineralisation.

The majority of the known 60+ mineralised veins are yet to be sampled with only 16 being investigated providing substantial exploration upside.

The continuity of some veins extends to distances of 1km within the adits and the system is open with recent IP geophysics highlighting continuation of the mineralised system.

Initial processing and metallurgical test work supports a viable selective stibnite floatation route which has achieved an antimony concentrate grade of 56% with optimisation up side.

Local contractors have commenced heavy machinery access and camp repatriation work for the Company’s maiden diamond drilling campaign scheduled to commence in July.

Use of Funds

Funds will be used towards

Use of Funds

Applications

The maiden diamond drilling campaign at the Zopkhito Project, scheduled to commence in July for a proposed 7,000-10,000m drilling program.

Additional in adit drilling with the objective of intersecting the high-grade antimony veins and gold rich alteration halo in the foot and hanging walls.

Multiple geophysical surveys to assist with detecting extensions of the current foreign resource estimate (225Kt @ 11.6% Sb for a contained 26,000 tonnes of Sb and 7.1Mt @ 3.7g/t for 815,119oz of Au).

Corporate, administration and Offer costs..

Indicative Timetable

The Company reserves the right to amend the timetable, dates are indicative only and are subject to change.

Trading halt and book opens

7am WST Monday 16 June 2025

Firms Bids Due By

9am WST Tuesday 17 June 2025

Acceptance of Firm Commitment Letter

3pm WST Tuesday 17 June 2025

Announcement of Placement and return to trading on ASX

Wednesday 18 June 2025

Issue of New Shares under the Placement

On or around Wednesday 25 June 2025

Issue of Attaching Options under the Placement

Shareholder meeting to be held in late July 2025

Disclaimer

This site does not constitute an offer, recommendation, or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of Krakatoa Resources Ltd. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data, and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents, or advisers makes any representation or warranty about its accuracy, reliability, completeness, or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages, and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data, or advice contained in or for any omission or for any other information, statement, or representation provided to any recipient (including, but not limited to, as a result of information, data, or advice being inaccurate, unreliable, incomplete, or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement, or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this "Notice and Disclaimer" is invalid, illegal, or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.

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