Institutional Placement Led by Franklin Templeton Complete

• $15m placement led by Franklin Templeton
• $2.5m share purchase plan open to eligible shareholders
• Placement and SPP priced at $1.25 per share

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) has completed a $15m placement to institutional investors, led by Franklin Templeton. The placement was priced at $1.25 per share, with 12 million new shares issued. This represents a 3.8% discount to Barton's last traded price before the announcement, and a 7.6% premium to the 1-month VWAP. The placement has strengthened Barton's share register, with Franklin Templeton acquiring an initial ~3.8% interest, and the addition of other new institutional investors. Barton is also opening a non-underwritten $2.5m share purchase plan (SPP) for eligible shareholders, also priced at $1.25 per share. The SPP will open on 23 October 2025 and close on 6 November 2025, unless closed early. Barton's Managing Director commented that the placement and SPP further strengthen the company's capital position as it targets 'Stage 1' production commissioning by the end of 2026, leading the re-establishment of the Gawler Craton's gold district in South Australia.

Barton is targeting commissioning of 'Stage 1' production by the end of 2026 as it leads the re-establishment of the Gawler Craton's gold district in South Australia.