Announcement PDF Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 1 / 8 Announcement Summary Entity name GREEN & GOLD MINERALS LIMITED Announcement Type New announcement Date of this announcement 7/9/2026 The Proposed issue is: Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable) ASX +security code +Security description Maximum Number of +securities to be issued New class-code to be confirmed Entitlement options 15,960,594 GG1 ORDINARY FULLY PAID 31,921,188 Ex date 9/9/2026 +Record date 10/9/2026 Offer closing date 30/9/2026 Issue date 7/10/2026 Refer to next page for full details of the announcement A standard pro rata issue (including non-renounceable or renounceable) Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 2 / 8 Part 1 - Entity and announcement details 1.1 Name of +Entity GREEN & GOLD MINERALS 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 ABN Registration Number 64603812997 1.3 ASX issuer code GG1 1.4 The announcement is 1.5 Date of this announcement 7/9/2026 1.6 The Proposed issue is: 1.6a The proposed standard +pro rata issue is: + Renounceable A standard +pro rata issue (non-renounceable or renounceable) New announcement Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 3 / 8 Part 3 - Details of proposed entitlement offer issue Part 3A - Conditions 3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can proceed on an unconditional basis? Part 3B - Offer details +Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities proposed to be issued ASX +security code and description GG1 : ORDINARY FULLY PAID 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)? Will the proposed issue of this +security include an offer of attaching +securities? If the entity has quoted company options, do the terms entitle option holders to participate on exercise? Details of +securities proposed to be issued ASX +security code and description GG1 : ORDINARY FULLY PAID ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them) ISIN Code for the tradable rights created under a renounceable right issue (if Issuer is foreign company and +securities do not have +CDIs issued over them) Offer ratio (ratio to existing holdings at which the proposed +securities will be issued) The quantity of additional +securities to be issued 1 For a given quantity of +securities held 2 No Yes Existing class No Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 4 / 8 What will be done with fractional entitlements? Fractions rounded up to the next whole number Maximum number of +securities proposed to be issued (subject to rounding) 31,921,188 Offer price details for retail security holders In what currency will the offer be made? AUD - Australian Dollar What is the offer price per +security for the retail offer? AUD 0.10000 Oversubscription & Scale back details Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)? Describe the limits on over-subscription Eligible Shareholders who take up their Entitlement in full may apply for additional New Shares under the Top-Up Facility. Applications for additional New Shares are limited to the Shortfall (if any) under the Entitlement Offer. Will a scale back be applied if the offer is over-subscribed? Describe the scale back arrangements If applications for additional New Shares under the Top-Up Facility exceed the number of New Shares available, the Company reserves the right to scale back applications in its absolute discretion. Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Attaching +Security Is the proposed attaching 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)? Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX) Details of attaching +securities proposed to be issued ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them) ISIN Code for the tradable rights created under a renounceable right issue (if Issuer is foreign company and +securities do not have +CDIs issued over them) Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and Will the entity be seeking quotation of the 'new' class of New class Yes Yes Yes Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 5 / 8 of the proposed +securities are appropriate and equitable under listing rule 6.1? Will the entity be seeking quotation of the 'new' class of +securities on ASX? ASX +security code New class-code to be confirmed +Security description Entitlement options +Security type Options Offer ratio (ratio of attaching securities at which the new +securities will be issued) The quantity of attaching +securities to be issued 1 For a given quantity of the new +securities issued 2 What will be done with fractional entitlements? Fractions rounded up to the next whole number Maximum number of +securities proposed to be issued (subject to rounding) 15,960,594 Offer price details for retail security holders In what currency will the offer be made? AUD - Australian Dollar What is the offer price per +security for the retail offer? AUD 0.00000 Oversubscription & Scale back details Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)? Describe the limits on over-subscription Eligible Shareholders who take up their Entitlement in full may apply for additional New Shares under the Top-Up Facility. Applications for additional New Shares are limited to the Shortfall (if any) under the Entitlement Offer. Will a scale back be applied if the offer is over-subscribed? Describe the scale back arrangements If applications for additional New Shares under the Top-Up Facility exceed the number of New Shares available, the Company reserves the right to scale back applications in its absolute discretion. Will all the +securities issued in this class rank equally in all respects from their issue date? Options details +Security currency AUD - Australian Dollar Exercise price AUD 0.2000 Expiry date 7/4/2029 Yes Yes Yes No No Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 6 / 8 Details of the type of +security that will be issued if the option is exercised GG1 : ORDINARY FULLY PAID Number of securities that will be issued if the option is exercised 1 ordinary share will be issued per option exercised. Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement. Refer to the Renounceable Entitlement Offer Prospectus lodged with the ASX on 7 September 2026. Part 3C - Timetable 3C.1 +Record date 10/9/2026 3C.2 Ex date 9/9/2026 3C.3 Date rights trading commences 9/9/2026 3C.4 Record date 10/9/2026 3C.5 Date on which offer documents will be sent to +security holders entitled to participate in the +pro rata issue 15/9/2026 3C.6 Offer closing date 30/9/2026 3C.7 Last day to extend the offer closing date 25/9/2026 3C.8 Date rights trading ends 23/9/2026 3C.9 Trading in new +securities commences on a deferred settlement basis 24/9/2026 3C.11 +Issue date and last day for entity to announce results of +pro rata issue 7/10/2026 3C.12 Date trading starts on a normal T+2 basis 8/10/2026 Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 7 / 8 3C.13 First settlement date of trades conducted on a +deferred settlement basis and on a normal T+2 basis 12/10/2026 Part 3E - Fees and expenses 3E.1 Will there be a lead manager or broker to the proposed offer? 3E.1a Who is the lead manager/broker? Mahe Capital Pty Ltd 3E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker? Under the Lead Manager Mandate, the Company has also agreed to pay the Lead Manager: (i) a lead manager fee of $60,000 plus GST; (ii) a management fee of 1% (plus GST) of the total amount raised under the Offers; (iii) a placement fee of 5% of the amount of any shortfall placed by the Lead Manager; (iv) the issue of up to 6,384,238 Lead Manager Options, on the basis of 2 Lead Manager Options for every $1 raised under the Offers. 3E.2 Is the proposed offer to be underwritten? 3E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission? 3E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer In addition to the lead manager fees, the Company expects to incur approximately $33,000 in fees and costs in connection with the Entitlement Offer, including legal, advisory, registry, ASX and other associated costs. Part 3F - Further Information 3F.1 The purpose(s) for which the entity intends to use the cash raised by the proposed issue Exploration at Herberton, including drilling at Copper Hills and priority copper-silver targets and geophysical surveys; and exploration at Chillagoe, including drilling at Mt Wandoo and priority gold targets, metallurgical work and mining studies. 3F.2 Will holdings on different registers or subregisters be aggregated for the purposes of determining entitlements to the issue? 3F.3 Will the entity be changing its dividend/distribution policy if the proposed issue is successful? 3F.4 Countries in which the entity has +security holders who will not be eligible to participate in the proposed issue All countries other than Australia and New Zealand. 3F.5 Will the offer be made to eligible beneficiaries on whose behalf eligible nominees or custodians hold existing +securities 3F.6 URL on the entity's website where investors can download information about the proposed issue https://greengoldminerals.com.au/ 3F.7 Any other information the entity wishes to provide about the proposed issue 3F.8 Will the offer of rights under the rights issue be made under a +disclosure document or product disclosure No No No No No Yes Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 8 / 8 3F.8 Will the offer of rights under the rights issue be made under a +disclosure document or product disclosure statement under Chapter 6D or Part 7.9 of the Corporations Act (as applicable)? 3F.9 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 +disclosure document or +PDS for the +securities proposed to be issued Yes