• AGH received $2.55m via a share placement
• Funds will be used to drive growth initiatives and capital expenditure
• AGH is now focused on THC beverage manufacturing through its subsidiary Peak Processing

AGH has received binding commitments to raise $2.55m (before costs) via a share placement with an issue price of $0.018 per share. The funds raised will be used to fund growth initiatives, customer development activities and selected capital expenditure projects. The strategic reset of AGH is now complete, with the company now singularly focused on THC beverage manufacturing through its wholly owned subsidiary, Peak Processing, based in Canada. Peak is Canada's market-leading THC beverage manufacturer and is well-positioned to leverage its best-in-class beverage manufacturing abilities, underpinned by its proprietary Envision Emulsion technology, and favourable regulatory and market conditions to drive scalable growth in Canada and the US markets. Key growth drivers for the THC beverage market in Canada include emerging direct-to-store distribution, introduction of multi-packs, early adoption of corkage service, on-premise consumption, and increasing demand from traditional alcohol consumers. In the US, the distribution of THC beverages through mainstream alcohol retail outlets is becoming more embedded. Peak has a consolidated position in the Canadian market, with over 250 SKUs developed and approximately 30% of the top-performing SKUs in Canada manufactured by Peak. The company is well-positioned to drive growth within Canada and expand into the US market in FY26 through initiatives such as expansion of new products, extension of new products from existing customers, expansion and new listings from Peak's proprietary brands, and introduction of US and Canadian third-party brands into each other's markets.

Peak Processing produced revenue of ~$15.5 million in FY25.

Peak Processing is well-positioned to drive growth within Canada and expand into the US market in FY26 through initiatives such as expansion of new products, extension of new products from existing customers, expansion and new listings from Peak's proprietary brands, and introduction of US and Canadian third-party brands into each other's markets.