KFM Completes NSW Project Acquisition - Mobilising Rig

• Shareholder approval received for acquisition of NSW Copper-Gold-Silver-Lead-Zinc projects
• Agreements and documents executed, consideration securities issued
• Company to immediately advance Broken Hill Project, with drilling rig mobilized to commence at Copper Blow

Kingfisher Mining Limited (ASX:KFM) has completed the acquisition of a portfolio of early-stage to advanced Copper-Gold, Gold and Silver-Lead-Zinc projects located in the Broken Hill, Cobar and Macquarie Arc regions of New South Wales. The acquisition was approved by shareholders at the company's Annual General Meeting held on 13 October 2025, and all legal, technical and financial due diligence has been completed, with all other conditions precedent satisfied. The company has issued the consideration securities related to the acquisition. Kingfisher Mining will immediately advance its Broken Hill Project, with a drilling rig currently being mobilized to commence drilling at the Copper Blow prospect. Post-acquisition and upon completion of the associated capital raise, the company will have a cash balance of approximately $2.7 million, including $200,000 in ASX investments. Managing Director Christopher Bittar commented that the completion of the NSW project acquisition is a significant milestone, providing the company with a compelling exploration opportunity and immediate exposure to a pipeline of early-stage and advanced, critical and precious metal targets in three proven NSW mining districts. The company is excited to commence exploration immediately, with drilling expected to begin at the Copper Blow Project this month.

The company is excited to commence exploration immediately, with drilling expected to begin at the Copper Blow Project this month.