• $4M in funding secured by entering into an underwriting agreement that ensures the exercise of all unexercised LGMO options
• Additional funding results in a pro-forma cash balance as at 31 December 2025 of $10M
• Funds will be applied to the exploration and development of Mt Carrington, including discovery-focused drilling and further metallurgical and study work

Legacy Minerals Holdings Limited (ASX: LGM) has entered into an option exercise underwriting agreement with Bell Potter Securities Limited (BPS) to underwrite the exercise of the Company's listed options (ASX: LGMO) which are exercisable at A$0.205 each and expire on 22 January 2026. Pursuant to the agreement, BPS will underwrite the exercise of up to 19,527,436 listed options, representing an underwriting amount of up to A$4,003,124. The additional funding will result in a pro-forma cash balance as at 31 December 2025 of $10M. The funds will be applied to the exploration and development of the Mt Carrington project, including discovery-focused silver, gold, and copper drilling at locations such as White Rock and Mascotte, as well as drilling to expand the existing Mineral Resource Estimate. Further metallurgical and study work, and general working capital will also be funded.