Aminex has successfully raised £2,925,000 (approximately $3.94 million) before expenses to fund the Company to the expected receipt of revenue from first gas production at the Ntorya field, currently projected for September 2026, through the issue of 177,272,727 new ordinary shares in the capital of Aminex at a price of Stg 1.65p per share.

The board of Aminex has taken the strategic decision to seek funds at this stage to meet its forecasted running costs (before contingent liabilities) to receipt of revenues from Ntorya, in place of continuing to draw down the remaining amount from the funding facility the Company currently has with its largest shareholder, Eclipse Investments LLC ("Eclipse"). As previously announced, the Company has drawn down $1.50 million of the funding facility and this sum (together with accrued interest of approximately $102,000) will be converted by Eclipse into equity in the Company, leaving the Company debt free and increasing Eclipse's shareholding by 72,061,293 shares in the Company (the "Converted Shares") (the Placing Shares and the Converted Shares, together the "New Shares"). Eclipse's total shareholding in the Company will increase from 1,153,536,807 shares (27.34%) to 1,225,598,100 shares (27.43%).

Pursuant to the Placing, each placee and Eclipse will receive one warrant for each New Share. Each warrant will give the holder the right to subscribe for one new ordinary share at a price of Stg 2.50p per ordinary share, exercisable for a period of 24 months from the date of issuance.

The New Shares will represent in aggregate 5.91% of the existing issued ordinary share capital of the Company and are being issued under existing general allotment authorities granted by shareholders at the Company's Annual General Meeting on 24 July 2025.

Applications will be made to the Financial Conduct Authority ("FCA") and the London Stock Exchange for the New Shares to be admitted to the FCA's Official List (Equity Shares (transition)) and to trading on the main market of the London Stock Exchange ("Admission"). It is expected that Admission will become effective and that dealings will commence in the New Shares at 8.00 a.m. (London time) on 20 October 2025. Following Admission, the enlarged share capital and the total voting rights of the Company will be 4,468,501,044.

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