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Kalgoorlie Gold Mining Investor Hub
ASX: KAL  ·  Capital Raising 2026

1 for 10 Non-Renounceable
Entitlement Offer

Kalgoorlie Gold Mining is inviting eligible shareholders to participate in a fully underwritten pro-rata entitlement offer at $0.02 per share — funding continued drilling at the Pinjin Gold Project.

Offer closes 5:00pm AEDT, Tuesday 6 October 2026. Eligible shareholders with a registered address in Australia or New Zealand only.

Offer closes 5:00pm AEDT, Tuesday 6 October 2026
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Offer Price
$0.02
Per new share
Offer Ratio
1 for 10
1 new share per 10 held
Raise Size
~$1.1M
Entitlement offer (before costs)
Underwriting
100%
Fully underwritten by Stralis
The Opportunity

Why participate in the Entitlement Offer?

KalGold is at a critical inflection point in its exploration story. Proceeds go directly to drilling — at a time when assay results and new targets are converging across the Pinjin Gold Project, 140km northeast of Kalgoorlie.

Pinjin Gold Project location in the Eastern Goldfields of Western Australia
Pinjin Project · Eastern Goldfields, WA
🏆

Proven discovery track record

The 100% self-generated Lighthorse discovery validates KalGold's systematic targeting approach — a 200m wide primary gold system, open at depth.

📍

Tier-one address, underexplored ground

Pinjin sits within the 30+ Moz Laverton Tectonic Zone, just 16km from Ramelius Resources' Rebecca Gold Project currently in development.

💰

Gold price tailwind at record AUD levels

AUD gold at historically elevated levels makes KalGold's low-cost discovery model — less than A$4.60/oz — even more compelling for shareholders.

🔬

Multiple imminent catalysts

Results pending from the 41-hole RC campaign at Lighthorse and Kirgella Gift-Providence, plus a 225-hole aircore program at the untested LTZ Flexure.

📦

214,300 oz in JORC resources

Group resources across Kirgella Gift-Providence (76,400oz from 3m depth) and La Mascotte (137,900oz), with a resource update targeted.

🏦

Institutional-grade backing

Regal Funds Management hold 15.33% — cornerstoning $1.5M into this raise. The $2.3M placement received firm institutional commitments.

Lighthorse drill core results — high-grade gold intercepts at Pinjin
Lighthorse Discovery · Pinjin Gold Project
High-grade gold confirmed
at depth — results pending
17m @ 4.81 g/t
Best intercept to date
Drilling operations at Pinjin Gold Project, Eastern Goldfields WA
Capital Allocation
How the funds will be used

Total raising of $3.4 million, comprising the $2.3M institutional placement (completed) and $1.1M entitlement offer. Funds are directed principally toward accelerating exploration at the Pinjin Gold Project.

Source of Funds
Institutional PlacementA$2.3M
Entitlement OfferA$1.1M
Total RaiseA$3.4M
Use of Funds
Exploration ProgramsA$1.1M
Salaries, Wages & ContractorsA$0.6M
Tenement & Admin CostsA$0.1M
Working CapitalA$1.6M
TotalA$3.4M
Working CapitalA$1.6M — 47%
Exploration ProgramsA$1.1M — 32%
Salaries, Wages & ContractorsA$0.6M — 18%
Tenement & AdminA$0.1M — 3%

Use of funds is indicative only and reflects current intentions as at the date of the Investor Presentation (15 September 2026). Actual allocation may vary at the Board's discretion.

Key Dates

Indicative timetable

All dates are indicative only and may be varied. All times are Sydney time. The Company reserves the right to extend the closing date.

Date
Event
Mon 14 Sep 2026
Entitlement Offer announced
Tue 15 Sep 2026
Investor Presentation and cleansing notice lodged with ASX
Thu 17 Sep 2026
Settlement of new shares under Placement
Fri 18 Sep 2026
Issue of new shares under Placement; Ex-entitlement date
Mon 21 Sep 2026
Record Date — 7:00pm AEST
Thu 24 Sep 2026 Open
Offer Booklet dispatched; Entitlement Offer opens
Thu 1 Oct 2026
Last day to extend the Entitlement Offer close date
Tue 6 Oct 2026
Entitlement Offer closes — 5:00pm AEDT
Fri 9 Oct 2026
Results of Entitlement Offer announced
Tue 13 Oct 2026
Issue of new shares under Entitlement Offer
Wed 14 Oct 2026
Normal trading of new shares commences

The timetable is indicative only. The Company reserves the right to amend any date, subject to the Corporations Act and ASX Listing Rules. Cooling-off rights do not apply. You cannot withdraw your application once submitted.

How to Apply

Three ways to participate

Eligible shareholders (registered address in Australia or New Zealand as at the Record Date of 21 September 2026) can apply via the Automic portal, BPAY, or by requesting a paper form.

1

Apply online

Log in to the Automic investor portal at portal.automic.com.au using your SRN or HIN. Your personalised Entitlement and Acceptance Form is available there.

2

Pay via BPAY

Use the BPAY biller code and reference number on your personalised Entitlement and Acceptance Form. Payment must be received by 5:00pm AEDT on 6 October 2026.

3

Paper application

Request a physical copy by contacting Automic on 1300 288 664 (AU) or +61 2 9698 5414 (international), Monday–Friday 8:30am–7:00pm Sydney time.

Top-Up Facility

If you take up your full entitlement, you may also apply for up to an additional 100% of your pro-rata entitlement in new shares not taken up by other eligible shareholders. Applications are subject to pro-rata scale back at the Board's discretion. Allocation is not guaranteed.

Apply Online via Automic →
Pinjin Gold Project location map, Eastern Goldfields Western Australia

Pinjin Gold Project
Laverton Tectonic Zone, Eastern Goldfields WA
140km NE of Kalgoorlie

Important Notes

What you need to know

Non-renounceable offer

This Entitlement Offer is non-renounceable. If you do not take up your entitlement in full or in part, your holding will be diluted. You cannot transfer or sell your entitlement. Any entitlements not taken up will be included in the Top-Up Facility and then taken up by the underwriter (Stralis Capital Partners).

Eligibility

Only shareholders with a registered address in Australia or New Zealand as at 7:00pm AEST on Monday 21 September 2026 (the Record Date) are eligible to participate. If you received an Ineligible Shareholder notice, no action is required from you.

Offer Booklet and financial advice

The Offer Booklet (dated 24 September 2026) contains important information about this offer, including key risk factors. Read it carefully before deciding whether to participate. If you are uncertain, consult your stockbroker, solicitor, accountant or other professional financial adviser.

Fractional entitlements and withdrawal

Fractional entitlements will be rounded down to the nearest whole number of new shares. You cannot withdraw your application once submitted. Cooling-off rights do not apply to an investment in new shares.

Contact

Questions about the offer?

Share Registry — Automic Group

Application queries

Within Australia: 1300 288 664
International: +61 2 9698 5414
Monday–Friday, 8:30am–7:00pm Sydney time

Online: portal.automic.com.au

KalGold — Company Enquiries

Matt Painter, MD & CEO

Phone: +61 8 6002 2700
Email: info@kalgoldmining.com.au
Web: kalgoldmining.com.au

Suite 2, 1209 Hay St, West Perth WA 6005


Important Notice & Disclaimer

This page has been prepared by Kalgoorlie Gold Mining Limited (ACN 645 666 164) (ASX: KAL) for general information purposes only. It does not constitute financial product advice, an offer to issue or sell, or a solicitation of an offer to acquire new shares, and is not a prospectus, product disclosure statement or other formal disclosure document under the Corporations Act 2001 (Cth). The Entitlement Offer is being made in accordance with section 708AA of the Corporations Act (as modified by ASIC relief instruments) without a prospectus.

This page should be read in conjunction with the Offer Booklet (dated 24 September 2026) and the Investor Presentation (dated 15 September 2026), both available on the ASX platform and the Company's website. Before making an investment decision, eligible shareholders should read the Offer Booklet carefully and seek independent financial, legal, tax and accounting advice.

This page and the Entitlement Offer are only available to eligible shareholders with a registered address in Australia or New Zealand. The Entitlement Offer is fully underwritten by Stralis Capital Partners Pty Limited. The timetable is indicative only. Past performance is not an indicator of future performance. Information is current as at 24 September 2026. This page has been authorised for publication by the Board of Kalgoorlie Gold Mining Limited.