Issue of Shares for Macacha Project

Summary by AI ^BETAClose X

Ajax Resources PLC has issued 927,000 ordinary shares at 8 pence per share to finalize an Option-to-Purchase Agreement for the Macacha Project. Following the admission of these new shares to trading on the Aquis Growth Market, anticipated around March 16, 2026, the company will have a total of 120,108,836 ordinary shares in issue, with each share carrying one voting right. This new total number of voting rights will serve as the denominator for shareholders calculating their notification obligations under the FCA's Disclosure Guidance and Transparency Rules.

Disclaimer*

Ajax Resources PLC

11 March 2026

AJAX RESOURCES PLC

("Ajax" or the "Company")

Issue of Shares for Macacha Project

Ajax [AQSE: AJAX], the natural resources investment company, announces that it has issued 927,000 ordinary shares of 1 pence each ("Ordinary Shares") at 8 pence per Ordinary Share in consideration for entering into a definitive Option-to-Purchase Agreement for 100% of the Macacha Project, as set out in announcement of 2 March 2026.

An application will be made for the admission to trading on the Aquis Growth Market of the New Shares, with admission anticipated on or around 16 March 2026 ("Admission").

On Admission, the Company will have 120,108,836 Ordinary Shares in issue, each with one voting right. The Company does not hold any shares in treasury and therefore the total number of voting rights in the Company is 120,108,836. This figure should be used by shareholders from Admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

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For further information:

Ajax Resources Plc

Ippolito Ingo Cattaneo, Chief Executive Officer

Tel: + 44 (0) 208 146 6345

info@ajaxresources.com

Allenby Capital Limited (AQSE Corporate Adviser)

Nick Harriss / Nick Athanas

Tel: + 44 (0) 203 328 5656

n.harriss@allenbycapital.com

n.athanas@allenbycapital.com

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