• Talga successfully raised A$7.3m through an oversubscribed Share Purchase Plan
• The funds will be used to advance Talga's growth, including final engineering study for graphite anode production
• Part of the funds will also support additional grant applications and increase supply of Talnode-C and Talnode-R anode to battery customers

Talga Group Ltd, a battery materials and technology company, has successfully raised A$7,273,000 against a target of A$5 million through its Share Purchase Plan (SPP), with the Board accepting all oversubscriptions. The SPP was launched on 17 December 2025, with the closure date extended to 23 January 2026 from 5 January 2026. Under the SPP, eligible Talga Shareholders with a registered address in Australia, New Zealand or Singapore (as at 5:00pm AWST on 9 December 2025) could subscribe for up to A$30,000 in fully-paid ordinary new shares at A$0.41 per share. Of approximately 9,500 eligible Shareholders, 518 (5%) participated, applying for 17,738,987 new shares. The SPP shares are scheduled to be allocated on 30 January 2026. SPP Participants will receive one free unlisted attaching option ('Attaching Option') for every two shares allocated, exercisable at A$0.58 with a 2-year expiry from the date of issue. Upon exercising an Attaching Option, holders will receive one fully paid ordinary share and one free unlisted piggyback option ('Piggyback Options'). The SPP funds will advance Talga's growth, including funding the final engineering study for a staged 5,000 tpa ramp up in graphite anode production in conjunction with the A$13.35 million Industriklivet grant. Part of the funds will also support additional grant applications; increase supply of Talnode-C and Talnode-R anode to battery customers; progress US opportunities and bolster general working capital.