Major Shareholders Support Successful $2.7M Placement

• Major shareholders support $2.7M placement for exploration
• Funds to accelerate drilling at Pilot Gold and Blue Tungsten
• Directors to subscribe for $300,000, pending shareholder approval

Right Resources Limited (ASX: RRE) has successfully secured firm commitments to raise approximately A$2.7 million (before costs) through a two-tranche placement to major existing shareholders. The Placement, priced at A$0.09 per share, represents a discount to the Company's last closing price and the 5-day VWAP. The funds will be used to accelerate exploration activities, including drilling at the Pilot Gold Project and the Blue Tungsten Prospect, and to support regional exploration across the Tumbarumba and New England districts. The Placement was strongly supported by major existing shareholders, reflecting their confidence in the Company's exploration strategy and potential. Directors have committed to subscribing for A$300,000 under the Placement, subject to shareholder approval at a general meeting expected in mid-August 2026.

Placement to raise approximately A$2.7M, directors to subscribe for A$300,000

The Company plans to commence drilling programs in Q3 and Q4 2026, with ongoing exploration expected to generate value throughout the remainder of the year.