Ajax Resources extends Nueva Celti acquisition option to November 30

• Ajax Resources extended its exclusive option to acquire Western Metallica's Spanish subsidiary until November 30, 2026, marking a second extension.
• The USD 300,000 acquisition covers 100% of the subsidiary, which owns the Nueva Celti copper project in Andalusia, Spain.
• Completion is expected in November, subject to final documentation and closing conditions, including shareholder approval; the extension allows additional corporate approval time.
• Consideration comprises a USD 10,000 option fee already paid, USD 90,000 cash at completion and USD 200,000 in new ordinary shares.
• The new shares will be priced using the ten-day average closing price immediately preceding completion.

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