$8.47 Million Entitlement Offer Now Open
Released
Released
Announcement PDF
ASX/Media Announcement
KINGSTONRESOURCES.COM.AU
202/201 Miller Street,
North Sydney, NSW 2060
+61 2 8021 7492
info@kingstonresources.com.au
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@KSNResources
$8.47 Million Entitlement Offer Now Open
Kingston Resources Limited (ASX: KSN) (‘Kingston’ or ‘the Company’) refers to its
ASX announcement dated on 18 June 2026 to undertake a fully underwritten non-
renounceable rights issue to eligible shareholders of 1 new Kingston fully paid
ordinary share (New Share) for every 4 existing Kingston fully paid ordinary shares
(Shares) held, at an issue price of $0.035 per New Share to raise approximately $8.47
million (before costs) (Entitlement Offer).
The offer documents in respect of the Entitlement Offer have been despatched,
and the Entitlement Offer is now open and is expected to close at 5.00pm (AEST)
on Tuesday, 14 July 2026 (unless extended).
Shareholders with a registered address as at 7.00pm (AEST) on Tuesday, 30 June
2026 (Record Date) in Australia, New Zealand, Hong Kong, Singapore and the
European Union (excluding Austria) (Eligible Shareholders) are invited to
participate in the Entitlement Offer. The Company has decided that it is
unreasonable to make the Entitlement Offer to Shareholders as at the Record Date
with registered addresses outside of Australia, New Zealand, Hong Kong, Singapore
and the European Union (excluding Austria) (Ineligible Shareholders).
The Entitlement Offer is fully underwritten by Argonaut Corporate Finance
Limited.
The Prospectus relating to the Entitlement Offer was released to the ASX on 25
June 2026 and is available to view both on the ASX website and Kingston’s
website at https://kingstonresources.com.au/investor-centre/asx-announcements/.
Attached to this announcement are copies of the letters despatched today to
Eligible Shareholders and Ineligible Shareholders in relation to the Entitlement
Offer. The Eligible Shareholder letter provides details on how Eligible Shareholders
can access the Prospectus and their personalised Entitlement and Acceptance
Forms and participate in the Entitlement Offer, while the Ineligible Shareholder
letter notifies Ineligible Shareholders of their ineligibility to participate in the
Entitlement Offer.
Eligible Shareholders should read the Prospectus in full prior to making an
application under the Entitlement Offer. Eligible Shareholders’ applications to
participate must be made by making payment in accordance with the
personalised payment instructions on their Entitlement and Acceptance Form
which is available through Automic’s online Investor Portal.
3 July 2026
KINGSTONRESOURCES.COM.AU | ASX: KSN 2
If Shareholders have any questions in relation to the Entitlement Offer, please
contact the Company’s share registry, Automic, on 1300 288 664 (within Australia)
and +61 2 9698 5414 (outside Australia) between 8.30am and 7.00pm (AEST),
Monday to Friday or email corporate.actions@automicgroup.com.au during the
offer period. For other questions, you should consult your stockbroker, solicitor,
accountant or other suitably qualified professional adviser.
The Entitlement Offer is now open and is expected to close at 5:00pm (AEST) on
Tuesday, 14 July 2026 (unless extended).
This release has been authorised by the Kingston Resources Limited Board.
KINGSTONRESOURCES.COM.AU
3 July 2026
Dear shareholder,
NOTICE TO ELIGIBLE SHAREHOLDERS OF PRO-RATA NON-RENOUNCEABLE ENTITLEMENT OFFER TO
RAISE UP TO APPROXIMATELY $8.47 MILLION
On behalf of your Directors, I am pleased to invite you to participate in this non-renounceable rights issue to
Eligible Shareholders of 1 New Share for every 4 Shares held at an issue price of $0.035 per New Share to raise
approximately $8.47 million (Entitlement Offer).
Under the Entitlement Offer, Eligible Shareholders are entitled to subscribe for 1 New Share for every 4 existing
Shares in the Company held on the Record Date, being 7.00pm (AEST) on 30 June 2026 (Record Date). Eligible
Shareholders who apply for their full Entitlement will also be entitled to apply for Top-Up Shares (up to a maximum
of 100% of their Entitlements) to be allocated out of the shortfall under the Top-Up Facility (Top-Up Offer).
The Entitlement Offer is fully underwritten by Argonaut Corporate Finance Limited.
The Prospectus relating to the Entitlement Offer has been given to ASX and is available to view on the ASX website
and Kingston Resources Limited website at https://kingstonresources.com.au/investor-centre/asx-announcements/.
Further details regarding the Entitlement Offer have also been announced to the ASX and are available on ASX’s
website.
Kingston Resources Limited will not be printing/dispatching hard copies of the Prospectus or Entitlement and
Acceptance forms. Instead, an electronic copy of the Prospectus and your Entitlement and Acceptance Form is
available and accessible by you (using your Securityholder Reference Number (SRN) or Holder Identification
Number (HIN) from your latest Holding Statement, and your postcode) at the following link:
https://portal.automic.com.au/investor/home.
Shareholders should read the Prospectus in full prior to making an application under the Entitlement Offer. Your
application under the Entitlement Offer must be made by making payment in accordance with the personalised
payment instructions on your Entitlement and Acceptance Form which is available through Automic’s online Investor
Portal.
202/201 Miller Street,
North Sydney, NSW 2060
+61 2 8021 7492
info@kingstonresources.com.au
On the date of the Prospectus, 125,714,286 shares were issued to qualified institutional, sophisticated and
professional investors at the Issue Price to raise a total of approximately $4.4 million (Placement).
The Directors intend to apply the proceeds from the Entitlement Offer (together with its existing cash resources, the
proceeds of the Placement and deferred consideration from the Misima sale) for the purposes of:
(a) drilling, resource & reserve estimates and plant expansion studies, comprising:
(1) extensive underground and surface drilling program of 25,000m, to update the
Measured and Indicated Resources and pursue high priority exploration targets; and
(2) studies to consider expansion of the existing processing facility which has key permits
in place to increase the processing rate up to 700ktpa, these studies will consider the
optimal processing rate for the life of mine, consistent with the expected underground
mining rates;
(b) redundancy & fleet demobilisation costs;
(c) care & maintenance Costs;
(d) the costs of the Entitlement Offer and the Placement; and
(e) general working capital.
Details of the above and information generally on the Entitlement Offer is included in the Prospectus.
How to Access the Entitlement Issue:
1. ONLINE - The Entitlement Offer Prospectus and personalised Entitlement and Acceptance form can be
accessed via: https://portal.automic.com.au/investor/home
2. PAPER - Request a paper copy of the Prospectus and your personalised Entitlement and Acceptance form by
contacting the Company’s Share Registry, Automic on 1300 288 664 (within Australia) or: +61 2 9698 5414
(outside Australia).
To download your personalised Entitlement and Acceptance Form, you have the following 3 choices:
I already have an online
account with the Automic
Share registry
I don’t have an online account with
Automic and wish to register for one
I don’t have an online account with
Automic – but wish to use Automic for
this Offer only
https://portal.automic.com.au/inv
estor/home
Select: "Existing Users Sign In".
Once you have successfully
signed in, click on "Documents
and Statements".
Download the Prospectus and
Entitlement and Acceptance
Form. Submit your payment
using the payment details
provided on your personalised
Entitlement and Acceptance
form.
Do not return your Entitlement
and Acceptance Form.
https://singleholding.automic.com.au/si
gnup
Select Kingston Resources Limited
from the dropdown list in the ISSUER
field.
Enter your holder number SRN / HIN
(from your latest Holding Statement).
Enter a single identifying word from
your holder name. Enter your Postcode
(Australia) or Country of Residence
(Outside Australia). Tick box "I am not a
robot", then ‘Next’ and complete any
prompts.
Once you have successfully signed in,
click on "Documents and Statements".
https://singleholding.automic.com.au/login
Select Kingston Resources Limited from
the dropdown list in the ISSUER field.
Enter your holder number SRN / HIN (from
your latest Holding Statement). Enter a
single identifying word from your holder
name. Enter your Postcode (Australia) or
Country of Residence (Outside Australia).
Tick box "I am not a robot", then ‘Next’ and
complete any prompts.
Once you have successfully signed in,
click on "Documents and Statements".
Download the Prospectus and Entitlement
and Acceptance form. Submit your
Download the Prospectus and
Entitlement and Acceptance form.
Submit your payment using the
payment details provided on your
personalised Entitlement and
Acceptance form.
Do not return your Entitlement and
Acceptance Form.
payment using the payment details
provided on your personalised Entitlement
and Acceptance form.
Do not return your Entitlement and
Acceptance Form.
The Offer closes at 5:00pm (AEST) on 14 July 2026.
Key dates for Entitlement Offer
Record Date for determining Entitlements under the Issue: 7.00 pm Tuesday, 30 June 2026
Entitlement Offer opens: Friday, 3 July 2026
Entitlement Offer expected to close: 5.00 pm, Tuesday, 14 July 2026
Allotment of Entitlement Shares and Top-Up Shares: Tuesday, 21 July 2026
Commencement of trading of Entitlement Shares and Top-Up Shares on ASX: Wednesday, 22 July 2026
Expected date for despatch of Shareholding statements for Entitlement Shares
and Top-Up Shares:
Wednesday, 22 July 2026
Allotment of remaining Shortfall Shares: Friday, 24 July 2026
* All dates are subject to change and accordingly are indicative only. In particular, the Company has the right to vary the dates of
the Entitlement Offer without prior notice, subject to the Corporations Act, ASX Listing Rules and other applicable laws. Investors
are encouraged to submit their Entitlement and Acceptance Forms as soon as possible after the Entitlement Offer opens.
For further information about how to participate in the Offer, please contact Automic.
Email: corporate.actions@automicgroup.com.au
Phone: 1300 288 664 (within Australia), or +61 2 9698 5414 (international) between 8:30 am and 7:00pm (Sydney
time) Monday to Friday.
Yours faithfully,
Mick Wilkes
Non-Executive Chair
KINGSTONRESOURCES.COM.AU
3 July 2026
Dear Shareholder
NOTICE TO INELIGIBLE SHAREHOLDERS OF PRO-RATA NON-RENOUNCEABLE
ENTITLEMENT OFFER TO RAISE UP TO APPROXIMATELY $8.47 MILLION
Kingston Resources Limited (the Company) is undertaking a non-renounceable rights issue to Eligible
Shareholders of 1 New Share for every 4 Shares held at an issue price of $0.035 (Issue Price) per New
Share to raise approximately $8.47 million (Entitlement Offer).
Under the Entitlement Offer, Eligible Shareholders are entitled to subscribe for 1 New Share for every 4
existing Shares in the Company held on the Record Date, being 7.00pm (AEST) on 30 June 2026
(Record Date). Eligible Shareholders who apply for their full Entitlement will also be entitled to apply for Top-
Up Shares (up to a maximum of 100% of their Entitlements) under the Top-Up Facility (Top-Up Offer).
The Entitlement Offer is fully underwritten by Argonaut Corporate Finance Limited.
The Prospectus relating to the Entitlement Offer was given to ASX on 25 June 2026 and is available to view on
the ASX website and Kingston Resources Limited website at https://kingstonresources.com.au/investor-
centre/asx-announcements/. Further details regarding the Entitlement Offer have also been announced to the
ASX and are available on ASX’s website.
On the date of the Prospectus, 125,714,286 shares were issued to qualified institutional, sophisticated and
professional investors at the Issue Price to raise a total of approximately $4.4 million (Placement).
The Directors intend to apply the proceeds from the Entitlement Offer (together with its existing cash resources,
the proceeds of the Placement and deferred consideration from the Misima sale) for the purposes of:
(a) drilling, resource & reserve estimates and plant expansion studies, comprising:
(1) extensive underground and surface drilling program of 25,000m to update the
Measured and Indicated Resources and pursue high priority exploration targets; and
(2) studies to consider expansion of the existing processing facility which has key permits
in place to increase the processing rate up to 700ktpa, these studies will consider the
optimal processing rate for the life of mine, consistent with the expected underground
mining rates;
(b) redundancy & fleet demobilisation costs;
(c) care & maintenance Costs;
(d) the costs of the Entitlement Offer and the Placement; and
(e) general working capital.
202/201 Miller Street,
North Sydney, NSW 2060
+61 2 8021 7492
info@kingstonresources.com.au
The proposed timetable for the Entitlement Offer is set out in the table below:
Event Date (AEST)
Record Date for determining Entitlements under the Issue: 7:00pm Tuesday, 30
June 2026
Entitlement Offer opens Friday 3 July 2026
Entitlement Offer expected to close 5:00pm Tuesday, 14
July 2026
Allotment of Entitlement Shares and Top-Up Shares: Tuesday, 21 July
2026
Commencement of trading of Entitlement Shares and Top-Up Shares on
ASX:
Wednesday, 22 July
2026
Expected date for despatch of Shareholding statements for Entitlement
Shares and Top-Up Shares:
Wednesday, 22 July
2026
Allotment of remaining Shortfall Shares Friday, 24 July 2026
All dates are subject to change and accordingly are indicative only. In particular, the Company has the right to
vary the dates of the Entitlement Offer without prior notice, subject to the requirements of the Corporations Act,
the ASX Listing Rules and other applicable laws.
The Company has decided that it is unreasonable to make the Entitlement Offer to Shareholders with registered
addresses outside of Australia, New Zealand, Hong Kong, Singapore and the European Union (excluding
Austria) (Ineligible Shareholders) having regard to the number of Shareholders in those places, the number
and value of the New Shares they would be offered and the legal and regulatory requirements in those places
and costs of complying with those required. Accordingly, the Entitlement Offer is not being extended to and
does not qualify for distribution or sale by Ineligible Shareholders and no New Shares will be issued to Ineligible
Shareholders.
As you are an Ineligible Shareholder, the Entitlement Offer will not be extended to you.
The Company has appointed Argonaut Securities Pty Limited to act as nominee for the purposes of section 615
of the Corporations Act (Nominee) and has applied to ASIC to have their appointment approved. Accordingly,
subject to approval, the Company must issue to the Nominee those New Share that would otherwise have been
issued to Ineligible Shareholders as at the Record Date and the Nominee will attend to the sale of those New
Shares on behalf of the Ineligible Shareholders.
The Nominee will direct the net proceeds (if any, after deduction of the Issue Price and all reasonable costs
incurred with the sale) to the Company’s share registry to facilitate pro rata payments of any net proceeds to
the Ineligible Shareholders. However, the Nominee does not guarantee that the sale of the New Shares issued
to it by the Company will be capable of being executed within any specified price or timing, or at all.
Notwithstanding that the Nominee may sell the New Shares, Ineligible Shareholders may nevertheless receive
no net proceeds if the Issue Price plus the costs of the sale are greater than the sale proceeds. Neither the
Company nor the Nominee will be liable for a failure to obtain any net proceeds, or to sell the New Shares at
any particular price or at any particular time.
Please contact the Company’s Share Registry, Automic Group Pty Ltd, on +61 2 9698 5414 if you have any
queries regarding the Entitlement Offer or your ineligibility to participate in the Entitlement Offer.
Yours faithfully,
Mick Wilkes
Non-Executive Chair
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