Tulla Resources Share Sale

• Tulla Resources, a substantial shareholder and associate of a non-executive director, has sold 25,803,360 shares in Pantoro
• Tulla Resources remains a significant shareholder, holding 6.11% of the register
• Tulla Resources is committed to the long-term success of Pantoro and has no intention to sell any further shares

Pantoro Gold Limited (ASX:PNR) has announced that Tulla Resources Group Pty Ltd (Tulla Resources), a substantial shareholder of the company and an associate of Non-Executive Director Mr Mark Maloney, has sold 25,803,360 shares in Pantoro Gold. Tulla Resources has been a long-standing and highly supportive shareholder of the Norseman Gold Project, which Pantoro Gold acquired in 2019 and subsequently merged with Tulla Resources plc in June 2023. Mr Maloney stated that Tulla Resources has undertaken this sale as part of a strategy to return capital to its Principals and to free funding for its other resource projects. However, Tulla Resources retains a significant shareholding in Pantoro Gold, representing 6.11% of the register, and remains committed to the long-term success of the company. Mr Maloney also confirmed that Tulla Resources has no intention to sell any further shares at this time, and he will continue to serve as a non-executive director, remaining strongly supportive of Pantoro Gold's growth strategy and future.