• Binding sale agreement executed for divestment of Belgravia Project in NSW
• Transaction aligns with Krakatoa's strategy to streamline portfolio and focus on high-impact assets
• Proceeds to support ongoing exploration and development at Zopkhito Antimony-Gold Project in Georgia

Krakatoa Resources Limited (ASX: KTA) has announced the execution of a binding tenement option and sale agreement with Agriculture Equity Investments Pty Ltd for the divestment of the Belgravia Project (EL8153) located in the Lachlan Fold Belt, NSW. Under the terms of the agreement, Krakatoa has granted Agriculture Equity Investments Pty Ltd the option to acquire 100% of its legal and beneficial interest in the tenement, associated statutory rights, and technical data for total consideration of $350,000. The transaction is aligned with Krakatoa's strategy to streamline its Australian exploration portfolio and direct resources towards the advancement of its Zopkhito Antimony-Gold Project in Georgia, Eastern Europe. The Zopkhito project offers a rare opportunity for Krakatoa to contribute to Europe's transition towards secure, diversified critical mineral supply chains, with antimony recognized as a critical mineral by both the European Union and the United States. The current exploration program at Zopkhito aims to validate historical high-grade results, expand drilling coverage to define the geometry and extent of quartz-stibnite vein systems and associated gold zones, and generate sufficient data to support a maiden JORC-compliant Mineral Resource estimate. Dual diamond rigs are operating across priority targets, with underground sampling and drilling progressing concurrently, and a steady sequence of operational updates and assay results expected through late 2025 as Krakatoa advances toward its initial JORC Resource milestone.

The divestment of the Belgravia Project reinforces Krakatoa's focus on accelerating exploration momentum at the Zopkhito Antimony-Gold Project in Georgia, Eastern Europe, which is strategically positioned to contribute to Europe's growing demand for secure, diversified critical mineral supply chains.