Announcement PDF Appendix 3B - Proposed issue of securities Update Summary Entity name KINGSTON RESOURCES LIMITED Announcement Type Update to previous announcement Date of this announcement 3/2/2025 Reason for update to a previous announcement Inclusion of fees payable to Argonaut PCF for financial advisory services provided to Kingston for the month of January 2025, in connection with the divestment or alternative transaction involving the Misima Gold project . Refer to next page for full details of the announcement Appendix 3B - Proposed issue of securities 1/5 Appendix 3B - Proposed issue of securities Part 1 - Entity and announcement details 1.1 Name of +Entity KINGSTON RESOURCES LIMITED We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules. If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation). 1.2 Registered Number Type Registration Number ACN 009148529 1.3 ASX issuer code KSN 1.4 The announcement is Update/amendment to previous announcement 1.4a Reason for update to a previous announcement Inclusion of fees payable to Argonaut PCF for financial advisory services provided to Kingston for the month of January 2025, in connection with the divestment or alternative transaction involving the Misima Gold project . 1.4b Date of previous announcement to this update 22/1/2025 1.5 Date of this announcement 3/2/2025 1.6 The Proposed issue is: A placement or other type of issue Appendix 3B - Proposed issue of securities 2/5 Appendix 3B - Proposed issue of securities Part 7 - Details of proposed placement or other issue Part 7A - Conditions 7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis? No Part 7B - Issue details Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Existing class Will the proposed issue of this +security include an offer of attaching +securities? No Details of +securities proposed to be issued ASX +security code and description KSN : ORDINARY FULLY PAID Number of +securities proposed to be issued 922,325 Reason for the update of 'Number of +securities proposed to be issued' Inclusion of fees payable to Argonaut PCF for financial advisory services provided to Kingston for the month of January 2025, in connection with the divestment or alternative transaction involving the Misima Gold project . Offer price details Are the +securities proposed to be issued being issued for a cash consideration? No Please describe the consideration being provided for the +securities Shares issued in lieu of payment of outstanding fees to Argonaut PCF for financial advisory services provided to Kingston, in connection with the divestment or alternative transaction involving the Misima Gold project . Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 75,000.000000 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Appendix 3B - Proposed issue of securities 3/5 Appendix 3B - Proposed issue of securities Part 7C - Timetable 7C.1 Proposed +issue date 5/2/2025 Part 7D - Listing Rule requirements 7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? No 7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes 7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15% placement capacity under listing rule 7.1? 922,325 7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? No 7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules? No 7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? No Part 7E - Fees and expenses 7E.1 Will there be a lead manager or broker to the proposed issue? No 7E.2 Is the proposed issue to be underwritten? No 7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue Part 7F - Further Information 7F.01 The purpose(s) for which the entity is issuing the securities Shares issued in lieu of payment of outstanding fees to Argonaut PCF for financial advisory services provided to Kingston, in connection with the divestment or alternative transaction involving the Misima Gold project . 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? No 7F.2 Any other information the entity wishes to provide about the proposed issue 7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with Appendix 3B - Proposed issue of securities 4/5 Appendix 3B - Proposed issue of securities 7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f) Appendix 3B - Proposed issue of securities 5/5