$17.5 million Capital Raise Led by Franklin Templeton

Core Insights - Barton Gold Holdings Limited is targeting the commissioning of 'Stage 1' production by the end of 2026 [1] - The company has secured a $15 million placement led by Franklin Templeton, a major player in precious metals funds [1] - A Share Purchase Plan (SPP) is set to raise an additional $2.5 million at the same price as the placement [1] Financial Highlights - The placement and SPP price is set at $1.25 per share, reflecting a discount of 3.8% to Barton's last traded price of $1.30 on October 9, 2025, and a premium of 7.6% to the one-month VWAP of $1.16 [1] - After the completion of the placement and SPP, the estimated pro-forma cash balance will be $23 million [1] Project Developments - A Definitive Feasibility Study (DFS) is currently underway for the reinstatement of Barton's fully permitted Central Gawler Mill (CGM), which has JORC Mineral Resources of 194,000 ounces at 3.23 g/t Au [1] - Upgrade drilling is in progress on Tunkillia's 'Starter Pits', projected to yield approximately $1.3 billion in operating free cash during the first 2.5 years [1] - The company aims to complete a Pre-Feasibility Study (PFS) and submit a Mining Lease application by the end of the calendar year 2026 [1]