• No undisclosed price-sensitive information
• Positive research coverage and favorable commodity market conditions contributed to recent trading
• Committed to continuous disclosure obligations

Adavale Resources Limited (ADD.ASX) received an ASX price and volume query regarding the recent change in its share price and trading volume. In its response, the company confirmed that it is not aware of any information concerning it that has not been announced to the market and which, if known by some in the market, could explain the recent trading in its securities. The company noted that it has been the subject of positive research coverage, with East Coast Research releasing a commissioned research report utilizing publicly available information. Additionally, the company highlighted the recent strength in gold prices, which have continued to trend upwards due to macroeconomic and market factors, providing a supportive backdrop for gold-focused explorers such as Adavale Resources. The company also referred to a previous ASX announcement dated 24 September 2025, where it had reported on the assay results from a rock chip sampling exercise at the Corner prospect, stating that the results were not considered material but could be included in future updates once further exploration has been conducted. Adavale Resources confirmed that it is in compliance with the ASX Listing Rules, particularly Listing Rule 3.1, and that the responses provided have been authorized and approved by the company's board in accordance with its continuous disclosure policy.