Ajax Resources Plc - First day of trading on Euronext Growth Oslo and publication of Information Document

Ajax Resources Plc - First day of trading on Euronext Growth Oslo and publication of Information Document

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Reference is made to previous announcements made by Ajax Resources Plc (the "Company") regarding the contemplated admission to trading of the Company's ordinary shares on Euronext Growth Oslo (the "Listing").

The Company has prepared an information document solely for the purpose of the Listing, provided as an attachment to this announcement. The first day of trading in the Company's ordinary shares on Euronext Growth Oslo will be today, 26 October 2026.

Advisors

Bowsprit Partners Limited ("Bowsprit Partners") is acting as Euronext Growth Advisor in connection with the Listing. Advokatfirmaet Schjødt AS is acting as legal advisor to the Company.

Ippolito Ingo Cattaneo, Chief Executive Officer of Ajax Resources Plc, commented:

"Our admission to Euronext Growth Oslo marks a major achievement for Ajax, giving the Company access to Euronext, the leading pan-European market, through what we consider Europe's most sophisticated market for natural resources companies. Aquis Stock Exchange has provided an excellent platform for Ajax's growth, and Ajax has become one of the most actively traded issuers on the market. Our dual quotation builds on that platform, strengthening our access to Nordic and international investors while retaining our Aquis quotation and established UK shareholder base.

We thank our new and existing shareholders for their support through the financing completed in connection with the Listing. The approximately €2.75 million raised further complements our already strong cash position. Ajax has no debt, and we expect a period of significant activity over the coming months, with up to three drilling campaigns commencing before the end of the year.

We are grateful to the Oslo Stock Exchange, our advisers and everyone involved in completing the admission process. As a natural resources investment company, Ajax is well positioned in a commodities supercycle, as copper becomes increasingly important to the global economy and the prospect of supply shortages drives the need for new investment, while gold and silver continue to play vital economic roles. Our investment in Reveille Resources gives Ajax exposure to uranium, where long-term price indicators have reached record levels amid a tightening supply outlook. We look forward to advancing our exploration programmes across South America and Europe and delivering value for our shareholders."

For further information:

Ajax Resources Plc Ippolito Ingo Cattaneo, Chief Executive Officer Tel: + 44 (0) 208 146 6345 info@ajaxresources.com

Bowsprit Partners Limited (Euronext Growth Advisor) John Treacy / Francesco Cicconi Tel: +44 (0) 203 883 4430 info@bowspritpartners.com

About Ajax Resources Plc

Ajax Resources Plc is a UK natural resources investment company listed on the Aquis Stock Exchange (AQSE: AJAX) and admitted to trading on Euronext Growth Oslo (OSE: AJAXR). The Company was previously listed on the FCA Official List of the Main Market of the London Stock Exchange as a special purpose acquisition company (SPAC) before transitioning to its current strategy as an operational natural resources investment vehicle.

Ajax is focused on identifying, acquiring and advancing assets containing copper, gold, silver, zinc, uranium and lead-commodities supported by strong long-term demand fundamentals. The Company's strategy centres on acquiring and developing assets with historical production, significant untapped or latent potential, and substantial exploration upside, typically secured on highly advantageous terms. Ajax aims to progress these assets through development and into production, with the objective of generating revenue and long-term shareholder value.

Ajax is also a strategic shareholder in Reveille Resources Plc (AQSE: REV), a UK-listed uranium exploration company focused on Italy. Reveille is chaired by the Hon. Michael R. Pompeo, former Director of the Central Intelligence Agency and U.S. Secretary of State. The Company is advancing exploration licence applications covering Novazza and Val Vedello, Italy's largest historical uranium deposits, with the aim of redefining their potential.

About Bowsprit Partners Limited

Bowsprit Partners is a London-based corporate finance and corporate broking firm specialising in advising both public and private companies. In addition to being an authorised Euronext Growth Advisor for the purpose of Euronext Growth Oslo, Bowsprit Partners is a Member Firm of the London Stock Exchange and holds multiple accreditations, including Listing Sponsor status for the Euronext Growth and Access Markets in Paris, Brussels, Lisbon and Dublin, Corporate Adviser for the Aquis Stock Exchange, Certified Adviser for the Nasdaq First North Growth Market in Stockholm and US OTC Markets Sponsor permission for international companies.

Important Notices

This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will", "may", "continue", "should" and similar expressions. Any forward-looking statements in this release and/or related documents are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control.

Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in investment levels and need for the Company's services, changes in the general economic, political and market conditions in the markets in which the Company operate, the Company's ability to attract, retain and motivate qualified personnel, changes in the Company's ability to engage in commercially acceptable acquisitions and strategic investments, and changes in laws and regulation and the potential impact of legal proceedings and actions. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not provide any guarantees that the assumptions underlying the forward-looking statements in this announcement are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this announcement or any obligation to update or revise the statements in this announcement to reflect subsequent events. You should not place undue reliance on any forward-looking statements in this announcement and/or related documents. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement.

Neither Bowsprit Partners nor any of its respective affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein. This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities in the Company. Neither Bowsprit Partners nor any of its respective affiliates accepts any liability arising from the use of this announcement.