£1m Fundraise to Advance Hussar & Mt Winter

Georgina Energy plc (LSE: GEX), is pleased to announce that it has successfully raised £1,000,000 (gross proceeds) through the issue of 20,000,000 new ordinary shares at a placing price of 5.0 pence per share (the "Placing"). The Placing was undertaken by Clear Capital.

Use of Proceeds

The net proceeds of the Placing will primarily be to advance the ongoing work programmes in relation to Hussar and Mt Winter and for general working capital purposes.

Broker Warrants

The Company will issue Clear Capital with 1,200,000 Broker Warrants exercisable at 5p and will be valid for three years from the date of Admission.

Anthony Hamilton, Chief Executive Officer of Georgina Energy, commented:

"This fundraise strengthens our balance sheet and ensures we have the resources to progress key workstreams at Hussar and Mt Winter. With significant preparatory work already underway, drilling approval for Hussar expected, and the ALRA agreement for Mt Winter advancing, we are well positioned to deliver value for our shareholders."

Admission of Placing Shares

An application has been made for 20,000,000 new ordinary shares relating to the Placing to be admitted to trading on the official list of the London Stock Exchange from 8.00 a.m. on 3 September 2025 ("Admission").

Total Voting Rights

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 123,593,987 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to 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.