• Accelerate enters binding earn-in and JV agreement with Caprice Resources over Comet Gold Project
• Accelerate to receive A$50,000 cash and A$200,000 in Caprice shares, retaining 25% free-carried interest
• Transaction allows Accelerate to focus on its core Kalgoorlie-region gold portfolio

Accelerate Resources Limited ('AX8', 'Accelerate') has entered into a binding earn-in and joint venture agreement with Caprice Resources Ltd (ASX: CRS) ('Caprice') over the Comet Gold Project, located in the Murchison Goldfields of Western Australia. The transaction delivers immediate value to Accelerate through a cash and equity package comprising A$50,000 in cash and A$200,000 in Caprice shares, providing leveraged exposure to Caprice's ongoing exploration success. Accelerate will retain a 25% project interest, free-carried through to completion of a Pre-Feasibility Study (PFS), ensuring long-term participation in any new gold discoveries made by Caprice. This structure allows Accelerate to crystallise value from a non-core asset, while preserving upside through both equity and project exposure. Should either party dilute below 10%, the interest converts to a 1% Net Smelter Royalty (NSR), with a A$1 million buy-back right held by Caprice. Accelerate CEO Luke Meter commented that the partnership with Caprice, a highly active and successful explorer at the nearby Island Gold Project, provides an ideal platform to realise the Comet Project's potential. The transaction also reflects Accelerate's strategy to monetise non-core assets while sharpening its focus on the Company's core Kalgoorlie-region gold portfolio, including the Kanowna East Project and recently announced Balagundi Gold Project.

Accelerate remains committed to unlocking value for shareholders through a combination of targeted gold exploration and strategic partnerships.