This is a routine registry update, not a trading announcement. It's a top holders and holding ranges report for our listed options (IPTO, exercise price $0.06, expiring 17 March 2029), current as at 18 September 2026.

The snapshot shows 67,995,683 options on issue, held by 317 option holders. The top 20 holders account for 83.36% of that total, with Mahe Investments Pty Ltd the largest single holder at 26.29%, followed by BNP Paribas Noms Pty Ltd at 14.82% and Bilpin Nominees Pty Ltd at 7.01%.

The holding ranges data shows the register is concentrated at the top end: 55 holders each holding more than 100,000 options between them account for 93.70% of all options on issue. At the other end, 184 holders have an unmarketable parcel based on the $0.0290 price per security, together representing 1.58% of issued capital.

This kind of report doesn't change our exploration or funding position. It simply gives a point-in-time picture of who holds our options and how concentrated that register is, which can be useful context if you're following how our capital structure is held.

If you have questions about this report, we'd encourage you to use the question box on this page.