• Company not aware of any undisclosed information that could explain recent trading
• Samples from recent drilling program sent to lab, assay results expected soon
• Company in compliance with Listing Rules and Continuous Disclosure Policy

Magmatic Resources Ltd (ASX:MAG) has responded to an ASX price query regarding the recent change in the price and volume of its securities. The company stated that it is not aware of any information concerning it that has not been announced to the market, which could explain the recent trading. Magmatic noted that on 30 September 2025, it provided an update on drilling activities at the Weebo Gold Project, stating that the drilling program had been completed and the samples had been dispatched to the laboratory, with assay results expected in two weeks. The company confirmed that it has arrangements in place to ensure the confidentiality of assay results, with the Managing Director and Exploration Manager immediately collating the results and preparing a draft ASX announcement for approval by the Board to be released to the market promptly. Magmatic also confirmed that it is in compliance with the Listing Rules, particularly Listing Rule 3.1, and that its responses have been authorised and approved in accordance with the company's published Continuous Disclosure Policy.