Proposed issue of securities - YRL

Dear Investors,

Yandal Resources Limited has recently announced a proposed issue of securities, with 500,000 options set to be issued at an exercise price of $0.41, expiring on 22nd January 2029. These options are part of an Employee Incentive Securities Plan for our newly appointed Board member, Chris Newman, aimed at aligning shareholder and director interests. Shareholder approval is pending, with the issuance date scheduled for 30th November 2026.

The consideration for these securities is for director services, with the securities valued at $0.0000001 in AUD. If exercised, the options will result in the issuance of 500,000 fully paid ordinary shares. More details can be found in the official document lodged with ASX [link to document]. We encourage any questions or clarifications regarding this announcement and eagerly await further engagement from our investors.

Thank you for your continued support and interest in Yandal Resources Limited.

Warm regards,

[Management Team]