$1.6m Placement to Fund 2026 Exploration Program

• $1.6 million raised through placement at $0.004 per share
• Funds for Zopkhito Antimony-Gold Project exploration
• Includes resource definition drilling and metallurgical optimization

Krakatoa Resources Limited (ASX: KTA) has secured firm commitments to raise $1.6 million through a placement of 400 million new shares at $0.004 each. The funds will support the company's 2026 exploration program at the Zopkhito Antimony-Gold Project, which includes resource definition drilling, underground panel and bulk sampling, metallurgical optimization, preliminary mining studies, and environmental baseline/permitting activities. The placement is supported by new and existing wholesale and sophisticated investors, with one free-attaching option for every four shares subscribed for, exercisable at $0.01 and expiring on 29 September 2028.