• Largest independent Energetics storage & manufacturing facility in Western Australia
• Cutting-edge Collar Keeper® System revolutionising Drill & Blast efficiency
• Drillforce channels AQN business units to customers

Aquirian Ltd is a diversified mining services company with four key business units: Drill and Blast Workforce, Energetics Manufacture, Technical Services, and Training and Compliance. The company has received firm commitments for a $8 million placement to fund inventory build of automated Collar Keeper® Systems, Drillforce working capital management, and debt restructuring. The placement was offered at $0.40 per share, representing a 9.1% discount to the last traded price. Aquirian's key strengths include its largest independent Energetics storage and manufacturing facility in Western Australia, the cutting-edge Collar Keeper® System revolutionising Drill & Blast efficiency, and its integrated and scalable offerings covering the entire blast-hole lifecycle. The company is well-positioned to benefit from industry tailwinds as mines require increased fragmentation and dilution control. The capital raising will support Aquirian's strategic expansion and growth plans, including the Wubin Hub development and further penetration of high-demand Drill & Blast markets.

For the financial year ending 30 June 2026, Aquirian expects to generate total revenue of $16.9 million and EBITDA of $2.5 million.

Aquirian is focused on accelerating innovation and growth, with key initiatives including the commercialisation of the biodegradable Collar Keeper® System, expanding its global distribution network for technology and products, and realising the full potential of its Wubin energetics hub.