Austral Gold Files Appendix 4E Preliminary Final 2025 Report

Executive Summary

• Austral Gold reported its first net profit since FY20, posting US $14.7 million profit after tax for FY25.
• Production reached 15,392 gold equivalent ounces (GEOs), driven by the reopening of the Casposo Mine in Argentina and continued output from the Guanaco Mine Complex in Chile.
• The company raised additional capital through a private placement of A$8.456 million (≈US $5.9 million) and sold Unico Silver shares for US $4.7 million, strengthening cash balances to US $10.5 million.

Key Details

• Production Highlights
• Casposo Mine (Argentina) contributed 4,283 GEOs in Q4 FY25.
• Guanaco Mine Complex (Chile) produced 11,109 GEOs for the year.

• Total FY25 production: 15,392 GEOs.

• Financial Performance

• Profit after tax: US $14.7 million (FY24 loss of US $27.1 million).
• Net cash generated from operating activities: US $9.3 million (vs. net cash used of US $6.5 million in FY24).
• Average realised price: US $3,576 per GEO.

• Cash cost (C1): US $2,264 per GEO; AISC: US $2,501 per GEO.

• Liquidity & Debt

• Cash and cash equivalents increased to US $10.5 million (FY24: US $3.6 million).

• Financial debt unchanged at US $26.6 million; net financial debt reduced to US $16.0 million (FY24: US $23.0 million).

• Post‑Year‑End Capital Transactions

• Sale of 6,588,761 Unico Silver shares for US $4.7 million; proceeds used partially to exercise 15 million options at A$0.26 per share, acquiring 15 million Unico shares.

• Private placement closed on 23 Feb 2026, raising A$8.456 million (≈US $5.9 million).

• Forward‑Looking Statements

• Management indicated ongoing focus on production growth, exploration programs, and further equity investments under its three‑pillar strategy.

Notable Quotes

• “Our FY25 results mark a pivotal turnaround, delivering the first net profit in six years while reinforcing our balance sheet through strategic capital actions,” – Stabro Kasaneva, Chief Executive Officer, Austral Gold.