• Staged earn-in for up to 80% ownership while preserving cash for exploration
• Upfront cost and dilution risk significantly reduced
• Early control enables Krakatoa to drive exploration and maximize value creation

Krakatoa Resources has executed a deed to amend and restate the Zopkhito Option Term Sheet, delivering a materially enhanced and capital-efficient pathway to acquire up to an 80% interest in the Zopkhito Antimony-Gold Project in Georgia. The amended terms allow Krakatoa to prioritize funding toward exploration, resource definition and development studies at the project, rather than committing significant capital upfront to acquire the asset. This provides more meters drilled, more data generated and faster project advancement, a clear pathway toward JORC resource definition and development studies, stronger capital efficiency and reduced dilution, alignment between investment and technical success milestones, and increased focus on advancement toward becoming a major European critical metals supplier. The revised transaction structure provides Krakatoa with a disciplined and capital-efficient pathway to increase its interest in the Zopkhito Project through a staged earn-in arrangement, comprising an initial 30% interest, followed by the ability to acquire an additional 50% to reach 80% in total. Krakatoa's 2026 field program will focus on targeted resource drilling to expand and define the mineralization, further metallurgical optimization test work and high-level mining studies. Additionally, the company has identified several new prospective areas within the license boundary for antimony, tungsten, copper, and other base metals that will be followed up in 2026.

Krakatoa is well placed to take the next step at Zopkhito further towards the development pathway while utilizing all the historical works already in place.