Resolution Minerals Secures A$20 Million Institutional Placement to Fast-Track U.S. Critical Minerals Strategy

Jane Morgan Management

Key Facts:

Resolution Minerals has raised A$20 million through an institutional placement to advance its U.S. critical minerals portfolio, with Tribeca Investment Partners and L1 Capital as cornerstone investors
The company is progressing towards a NASDAQ listing and has received FAST-41 status from the White House for its Antimony Ridge project
Funds will support exploration drilling, metallurgical testing, and permitting activities across antimony, gold, silver and tungsten projects
A Phase 2 drilling programme of 13,700 metres is planned for May 2026 at the Golden Gate target, with a maiden Mineral Resource Estimate targeted for Q1 2027
The company has successfully produced high-purity antimony trioxide (99.38 wt%) and acquired the Johnson Creek Tungsten and Antimony Mill

Resolution Minerals raises A$20 million to accelerate U.S. critical minerals push

Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF) has raised A$20 million in an institutionally backed placement, strengthening its balance sheet as it advances its U.S. critical minerals portfolio, including the Horse Heaven Project.

The raising was well supported by institutional and sophisticated investors, with Tribeca Investment Partners and L1 Capital Global Opportunities Master Fund acting as cornerstone investors, highlighting growing confidence in the Company’s antimony and tungsten strategy in the U.S.

Proceeds will be used to fast-track exploration drilling, metallurgical test work and permitting activities, positioning Resolution to deliver a steady pipeline of near-term catalysts across antimony, gold, silver and tungsten.

At the same time, the Company is progressing toward a NASDAQ listing, which is expected to broaden its access to U.S. investors, improve liquidity and place it alongside other major critical minerals companies listed on U.S. exchanges.

In a further boost, Resolution has been granted FAST-41 status by the White House for its Antimony Ridge project, recognising its strategic importance and helping to streamline permitting timelines.

The Company has also successfully produced high-purity antimony, achieving 99.38 wt% antimony trioxide, demonstrating its downstream processing capability, with further optimisation work ongoing.

The placement was completed at $0.07 per share, representing a 6.3% premium to the Company’s 20-day VWAP.

Aharon Zaetz, Resolution’s Executive Director, commented:

“Following a highly successful drilling campaign last year, today’s successful capital raising marks a transformational milestone for the company as it is about to list on the NASDAQ as well as launch its second drill campaign in the coming weeks. Strong tailwinds from the critical minerals sector as well as the recent FAST-41 status is a further endorsement of the project’s quality and potential.”

Advancing a large-scale gold and multi-commodity system

Resolution is preparing to begin a Phase 2 drilling program at its Golden Gate target in May 2026, with up to 45 holes planned over approximately 13,700 metres.

The campaign is designed to better define the scale of gold mineralisation at Golden Gate and Golden Gate South, and support progress toward a maiden Mineral Resource Estimate targeted for Q1 2027, subject to results.

Earlier drilling delivered multiple broad gold intercepts, pointing to the scale of the system and reinforcing its development potential.

The upcoming program will also target tungsten mineralisation, further highlighting the project’s multi-commodity upside.

Building a strategic U.S. position

Resolution continues to strengthen its position in the U.S. critical minerals sector, supported by its recent acquisition of the Johnson Creek Tungsten and Antimony Mill and associated infrastructure.

The broader Horse Heaven Project has a long production history, having supplied antimony, tungsten and gold to the U.S. Government during World War I, World War II and the Korean War.

The Company is also engaging with U.S. government stakeholders on potential funding support and offtake agreements, reflecting the growing geopolitical focus on securing domestic critical minerals supply chains.

Placement details and outlook

The placement will see approximately 285.7 million new shares issued in two tranches, with the first tranche expected to settle in late April 2026 and the second subject to shareholder approval.

Investors will receive one free attaching option for every three shares issued, exercisable at $0.10 and expiring on 30 November 2029, subject to approval.

With strong institutional backing, streamlined permitting pathways and multiple near-term catalysts ahead, Resolution is well positioned to continue advancing its U.S. critical minerals portfolio and deliver consistent news flow.

Key near-term milestones include the start of Phase 2 drilling, completion of metallurgical test work, further permitting progress at Antimony Ridge and advancement of its NASDAQ listing.

About us:

Resolution Minerals Ltd (ASX RML) is a mineral exploration company currently developing the Horse Heaven Gold-Antimony-Tungsten Project in Idaho, USA with the aim of providing an end-to-end solution for domestic critical minerals supply to US defense industry.

For further information, please contact:

Aharon Zaetz

Executive Director Resolution Minerals Ltd

M: +61 424 743 098

[email protected]

Contact details:

Jane Morgan - Investor Relations