• Binding commitments received for $66.3 million placement
• Directors invest additional $0.43 million subject to shareholder approval
• Non-underwritten $5 million Share Purchase Plan launched

Beetaloo Energy has received binding commitments to raise $66.3 million (before costs) via a placement of new shares to institutional and sophisticated investors at $0.28 per share. The placement was backed by strong demand from local and international investors, with the continued support of existing shareholders particularly notable. The directors have also committed to subscribe for an additional $0.43 million in shares, subject to shareholder approval. Beetaloo Energy is also launching a non-underwritten $5 million Share Purchase Plan to provide eligible shareholders the opportunity to participate at the same price as the placement. The funds raised from the placement, together with an upsized $45 million Midstream Infrastructure Facility and existing cash, will be used to complete the Carpentaria Gas Plant works, continue flow testing, acquire and interpret Western Beetaloo seismic data, and for general corporate and operational expenses. The company is now fully funded through to first pilot gas sales expected in Q4 2026, a milestone that is expected to be transformational for Beetaloo Energy and Australia's domestic gas supply.

Beetaloo Energy is fully funded through to first pilot gas sales expected in Q4 2026.