Revolver Resources Issues 427,042 Shares After Convertible Note Conversion on July 20, 2026

Details on Convertible Note Conversion and Share Issuance

Revolver Resources converted convertible notes into 427,042 fully paid ordinary shares on 20 July 2026. This transaction represents a refinancing event where noteholders exercised their conversion rights, exchanging debt instruments for equity. The shares were issued exclusively to sophisticated and exempt investors, allowing the company to rely on exemptions from disclosure requirements under Part 6D.2 of the Corporations Act. By targeting this investor class rather than the general public, Revolver Resources avoided the need to lodge a prospectus or product disclosure statement with the Australian Securities and Investments Commission (ASIC).

The company’s issuance of a notice under section 708A(5) of the Corporations Act facilitates the subsequent on-sale of these shares by recipients. Without this notice, investors would face restrictions selling the securities on the ASX or other markets. This routine administrative step confirms that shares were issued without disclosure and that the exemption under section 708A(5) applies, removing secondary market trading limitations.

Revolver Resources’ Copper Exploration Focus and Project Portfolio

Revolver Resources Holdings Limited is an Australian public company focused on natural resource development aligned with global electrification trends. Its near-term exploration strategy targets copper, a metal critical to renewable energy, electric vehicles, and grid modernization. The company holds 100% ownership of two copper exploration projects in premier Australian mineral provinces, offering direct exposure to the copper commodity cycle and significant discovery potential.

The Dianne Project, located in northern Queensland, includes six Mining Leases, three Exploration Permits, and a 70:30 joint venture interest in an additional Exploration Permit. This project lies within the polymetallic Hodkinson Province, known for established mineralization and mining history. Project Osprey consists of six exploration permits in the North-West Minerals Province, globally recognized as a rich mineral-producing region. Its main targets are Mount Isa style copper deposits and iron oxide copper gold (IOCG) deposits, both representing substantial exploration opportunities. Together, these projects form the core of Revolver Resources’ asset base and exploration pipeline.

Regulatory Compliance and Continuous Disclosure

Revolver Resources confirmed compliance with all applicable provisions of Chapter 2M of the Corporations Act as of the notice date. Chapter 2M governs financial reporting obligations, including preparation and lodgement of reports with ASIC. The company also affirmed adherence to sections 674 and 674A, which regulate financial information disclosure to members and creditors. These confirmations assure investors that the company’s financial governance meets regulatory standards.

Additionally, the company stated that no information has been excluded from continuous disclosure notices under ASX Listing Rules. This indicates no material undisclosed information exists that investors would require to assess the company’s financial position, performance, or prospects, ensuring transparency and maintaining investor confidence.

Section 708A(5) Exemption and Securities Law Context

The section 708A(5) exemption under the Corporations Act allows on-sale of securities issued without disclosure to sophisticated and exempt investors, subject to conditions. By issuing the statutory notice, Revolver Resources enables holders of the 427,042 shares to trade them without triggering prospectus requirements. This exemption reflects the capability of sophisticated investors to make informed decisions without full disclosure documents and reduces regulatory constraints on secondary market sales.

The company’s notice satisfies paragraph (5)(e) of section 708A by confirming the shares were issued without disclosure, compliance with continuous disclosure and financial reporting obligations, and absence of excluded material information. This ensures the company remains current with regulatory duties and that secondary market purchasers have access to necessary information.

Copper Market Dynamics and Exploration Timing

Global copper demand is driven by structural factors such as renewable energy adoption, transport electrification, and electricity infrastructure expansion. These trends sustain growth in copper exploration as mining production must increase to meet consumption. Revolver Resources’ focus on copper exploration positions it to capitalize on this demand. The two projects target copper mineralization in proven Australian provinces, reflecting management’s confidence in advancing exploration now.

The 20 July 2026 conversion event may reflect a scheduled conversion or noteholder exercise of rights, indicating secured capital for ongoing operations and exploration. Investors may interpret this as a sign of management’s commitment to advancing the Dianne Project and Project Osprey amid strong copper demand and rising exploration budgets.

The Dianne Project’s Strategic Location in the Hodkinson Province

The Dianne Project encompasses six Mining Leases and three Exploration Permits, plus a 70:30 joint venture interest in another Exploration Permit, situated in the polymetallic Hodkinson Province of north Queensland. This region’s established mineralization and mining history provide a favorable geological setting. The mix of leases and permits offers both direct tenement control and contractual exploration rights. The joint venture structure allows cost-sharing or expertise leverage. The extensive land package of nine tenements underscores the company’s substantial exploration footprint.

Project Osprey and North-West Minerals Province Potential

Project Osprey includes six exploration permits in the North-West Minerals Province, internationally recognized for its rich mineral endowment. The project targets Mount Isa style copper deposits and IOCG deposits, both significant deposit types with proven resource potential. The permit configuration supports diversified exploration across the province. Preliminary geological assessments have identified features consistent with these deposit models, positioning the company to benefit from future discoveries in this highly productive region.

Capital Structure Impact of Note Conversion

The conversion of convertible notes into 427,042 shares marks a key capital structure development for Revolver Resources. Convertible notes combine debt and equity features and are converted either on a scheduled date or at noteholder discretion. This conversion increases equity, reduces debt, and alters leverage and shareholder composition. Although terms and converting parties were undisclosed, issuance to sophisticated investors suggests professional holders. The section 708A(5) notice confirms regulatory compliance and enables unrestricted secondary trading.

Exploration Strategy Aligned with Electrification Trends

Revolver Resources emphasizes its mission to develop natural resources supporting global electrification. This aligns its exploration with long-term demand drivers for copper, essential in power transmission, renewable energy, batteries, and electric motors. Focusing on Australian copper projects reflects confidence in the jurisdiction’s stable regulatory environment, mining infrastructure, skilled workforce, and mineral potential. This targeted strategy appeals to investors seeking exposure to electrification and copper demand, while concentrating risk in one commodity and region.

Investor Relations and Contact Information

Revolver Resources provides investor relations contacts: Michael Vaughan (Investor Relations) and Pat Williams (Managing Director). The company’s registered office is L23, 240 Queen Street, Brisbane, Queensland 4000. Additional information is available at revolverresources.com.au. These contacts facilitate engagement for investors, brokers, and analysts seeking detailed project, financial, or corporate information. The Brisbane location situates the company near the Dianne Project in Queensland. Investors should monitor ASX announcements and the company website for updates on exploration progress and capital structure changes.