NEWPORT RECEIVES AUD$385,012 (GROSS)/AUD$269,510 (NET) QUARTERLY ROYALTY PAYMENT

Newport Exploration Ltd. (NWX) announced the receipt of a quarterly royalty payment from Beach Energy Ltd. covering the May–July 2026 period. The company reported a gross royalty of AUD$385,012, with a net receipt of AUD$269,510 after accounting for a 30% Australian withholding tax.

The company stated it maintains a treasury balance of approximately CDN$2.9 million, comprising cash, equivalents, and short-term investments, with zero debt. Newport Exploration reiterated the nature of its 2.5% Gross Overriding Royalty (GOR) over Cooper Basin licenses, emphasizing that it holds no operational control and relies on independent disclosures from Beach Energy and Santos Ltd.

Newport Exploration Ltd. (NWX) received a net royalty payment of AUD$269,510, a decrease from the AUD$307,108 received in the prior quarter (February–April 2026). This reduction aligns with the 35% year-over-year production drop reported in August 2026 and reflects previously disclosed production declines and weather-related disruptions.

No new catalysts, capital returns, or operational shifts were introduced. The market has already priced in the production decline and royalty compression, as evidenced by the stock trading near its 52-week lows.

Newport Exploration Ltd. is a Canadian-based exploration and royalty company. Its primary asset is a 2.5% Gross Overriding Royalty (GOR) on licenses in the Cooper Basin, Australia, operated by Beach Energy Ltd. and Santos Ltd. The GOR has no time limit, no expiry date, and no cost to retain. The company also holds the Chu Chua copper-gold property in British Columbia, which remains in the exploration stage with no production revenue. The company has 105,579,874 common shares outstanding.