ZAMBIA
• Exploration drilling at Chisebuka continued to expand known uranium mineralisation outside the existing
Mineral Resource area at the Muntanga Uranium Project in Zambia. Results announced during the quarter
included:
o 12.7m at 673ppm eU3O8 from 18.0m (CHDTH2193)
o 24.0m at 448ppm eU3O8 from 32.2m (CHDTH2192)
o 15.9m at 361ppm eU3O8 from 4.7m (CHDTH2192)
o 5.4m at 422ppm eU3O8 from 47.0m (CHDTH2214)
o 12.8m at 237ppm eU3O8 from 40.9m (CHDTH2211)
• Drilling expanded the south-west higher-grade zone at Chisebuka to approximately 830m x 400m, while the
northern higher-grade zone increased to approximately 900m x 600m.
• Drilling also demonstrated continuity of mineralisation between the south-west higher-grade zone and the
previously defined resource area at Chisebuka.
• An RC program of 12 holes for approximately 900m has commenced, with diamond drilling and metallurgical
testwork planned for a later stage.
• At Muntanga North, close-spaced ground radiometric surveys refined multiple drill targets across the first six
target areas and supported commencement of the maiden drill program.
• Environmental (ESIA) and Resettlement (RAP) approvals received for Muntanga.
• AEU signed a binding option agreement to acquire 100% of the Sitwe Uranium Project in north-eastern
Zambia, materially expanding its uranium exploration footprint in Zambia.
NIGER
• The Company’s Chairman and CEO visited Niger during the quarter for discussions with the Ministry of Mines
regarding a new mining convention to frame the resumption of the Madaouela Uranium Project.
CORPORATE
• Grant Davey appointed Non-Executive Chairman, bringing more than 30 years of senior management and
operational experience in the development, construction and operation of global mining and energy projects.
• Muna Hantuba appointed as a Non-Executive Director. Mr Hantuba is a prominent Zambian business leader
with an extensive career spanning finance, mining, insurance, real estate, and corporate governance.
• Atomic Eagle commenced trading on OTCQX under ticker AEUXF.
Page 2 of 9
Atomic Eagle Limited | ASX:AEU | www.atomiceagle.com.au
Atomic Eagle Limited (‘the Company’) (ASX:AEU | OTCQX: AEUXF) is pleased to report on its activities for the June
2026 Quarter, including at its Muntanga Uranium Project (‘Muntanga’ or the ‘Project’) in Zambia.
Muntanga Uranium Project, Zambia
Drilling program progresses
During the quarter, Atomic Eagle continued its 2026 exploration program at the Chisebuka target, focused on testing
mineralisation outside the existing Mineral Resource area and expanding higher-grade zones.
Chisebuka currently hosts an Inferred Mineral Resource of 19.9Mt at 220ppm U3O8 for 9.7Mlb contained U3O81. In
May, the Company announced results from the first 15 holes of the 2026 drill program, followed by a further exploration
update in June, covering a total of 42 holes drilled for 4,209 metres.
Initial drilling results demonstrated that 13 of the first 15 holes intersected uranium mineralisation outside the defined
resource area and confirmed the expansion of the south-west zone of higher-grade mineralisation.
Subsequent drilling extended the boundaries of the previously defined mineralisation and demonstrated continuity
between the south-west higher-grade zone and the existing resource area.
Key intercepts announced during the quarter included:
• 12.7m at 673ppm eU3O8 from 18.0m (CHDTH2193)
• 24.0m at 448ppm eU3O8 from 32.2m (CHDTH2192)
• 15.9m at 361ppm eU3O8 from 4.7m (CHDTH2192)
• 21.0m at 283ppm eU3O8 from 26.2m (CHDTH2194)
• 22.1m at 242ppm eU3O8 from 92.6m (CHDTH2200)
• 13.2m at 237ppm eU3O8 from 115.7m (CHDTH2200)
• 5.4m at 422ppm eU3O8 from 47.0m (CHDTH2214)
• 12.8m at 237ppm eU3O8 from 40.9m (CHDTH2211)
• 10.3m at 210ppm eU3O8 from 81.4m (CHDTH2231)
• 7.3m at 284ppm eU3O8 from 47.2m (CHDTH2231).
Drilling completed during the quarter increased the interpreted size of the northern higher-grade zone to approximately
900m x 600m, with mineralisation extending from surface in the north-west to depths of more than 100 metres in the
south-east. The south-west higher-grade zone increased to approximately 830m x 400m, with mineralisation
commencing near surface and extending below 100 metres depth down plunge to the south-east.
The Company considers Chisebuka an important potential contributor to future project scale at Muntanga, subject to
further drilling, grade confirmation, metallurgical work and economic assessment.
Ground radiometrics program refines drill targets at Muntanga North
A total of 53-line kilometres of a planned 80-line km ground radiometric survey was completed across five of eight
priority target areas by late May 2026, with the program subsequently advancing to six target areas by mid-June 2026.
1 See ASX announcement dated 10 March 2026.
Page 3 of 9
Atomic Eagle Limited | ASX:AEU | www.atomiceagle.com.au
The survey program successfully refined previously identified airborne radiometric anomalies and improved drill
targeting resolution across the surveyed areas. Reported results included:
• 424 of 854 readings above background (>300 counts per second or CPS2)
• 87 readings exceeding 500 CPS.
The radiometric anomalies occur within the same favourable Escarpment Grit Formation that hosts the Company’s
existing uranium resources at Muntanga, Dibbwi East and Dibbwi. The Company stated that the interpretation of the
Muntanga North targets is supported by multiple datasets, including:
• Airborne radiometric anomalies,
• Ground radiometric responses,
• Soil geochemical anomalies and radon surveys,
• Favourable geology, and
• Structural controls consistent with known mineralisation elsewhere in the Muntanga Project area.
The surveys confirmed the broader historical anomalies and helped define areas to target with drilling.
Environmental and Resettlement approvals received for Muntanga
During the quarter, Atomic Eagle received:
• Approval of the Environmental and Social Impact Assessment (“ESIA”) from the Zambia Environmental
Management Agency (“ZEMA”); and
• “No Objection” approval of the Resettlement Action Plan (“RAP”) from the Office of the Vice President (“OVP”),
Resettlement Division.
Together, these approvals represent the key environmental and social permits required prior to the eventual
commencement of construction of the Project, as envisaged in the previous Feasibility Study3. These approvals
confirm:
• the Project’s environmental and social impacts have been assessed and accepted by regulators;
• A compliant resettlement and livelihood restoration framework is in place and in line with IFC Performance
Standards; and
• The Project can progress toward development, subject to standard implementation steps.
Receipt of ESIA and RAP approvals represents a major de-risking milestone for Muntanga.
2 Cautionary Statement: Handheld scintillometers measure radioactivity in counts per second (CPS) and do not accurately determine elemental
uranium concentrations. Readings may also be influenced by thorium and potassium. Scintillometer readings are preliminary in nature and should
not be considered a substitute for quantitative laboratory assays.
3 See ASX announcement dated 4 March 2026.
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Atomic Eagle Limited | ASX:AEU | www.atomiceagle.com.au
Importantly, these approvals have been secured without altering the Company’s core strategy, which remains focused
on growing the resource base and defining a larger-scale mining operation before any development decision is
considered.
More detail on these approvals can be found in the ASX announcement dated 24 June 2026.
Acquisition of Sitwe option, Zambia
During the quarter, Atomic Eagle entered into a binding option agreement (the Option Agreement) to acquire 100%
of the large-scale Sitwe Uranium Project (“Sitwe” or the “Project”), located in the Luangwa Valley of north-eastern
Zambia. The acquisition materially expands Atomic Eagle’s uranium exploration footprint in Zambia and reinforces the
Company’s position as one of the leading uranium explorers and developers in the country.
Sitwe highlights include:
• Sitwe covers approximately 429km2
• It represents a 38% increase in the Company’s Zambian tenement holdings
• Sitwe lies within the prospective Luangwa Valley Karoo Basin
• Historical drilling at Sitwe North intersected shallow uranium mineralisation, including:
o 1m at 1,620ppm U3O8 from 35m (STN001)
o 1m at 1,080ppm U3O8 from 42m (STN002)
o 2m at 639ppm U3O8 from 37m (STN002)
Page 5 of 9
Atomic Eagle Limited | ASX:AEU | www.atomiceagle.com.au
o 5m at 566ppm U3O8 from 7m (STN003)
o 6m at 735ppm U3O8 from 61m (STN003).
The acquisition of Sitwe is aligned with Atomic Eagle’s strategy to build a district-scale uranium portfolio in Zambia, a
well-established and mining-friendly jurisdiction with a strong regulatory framework for resource development.
Any future development of Sitwe would be assessed on a standalone basis or in the context of regional infrastructure
and processing options.
Key commercial terms
Under the option agreement, Atomic Eagle, through its Zambian subsidiary, secured the right to acquire 100% of the
Sitwe Uranium Project on the following principal terms:
• Option period expenditure: minimum of US$200,000 in exploration and licence-related expenditure prior to 30
June 2027.
• Exercise price: upon satisfaction of the expenditure condition, Atomic Eagle may exercise the option to acquire
the licence for US$400,000 cash.
• The Company advised that initial work at Sitwe is expected to include mapping and ground radiometrics to
determine the most prospective areas for drill testing.
Full details are available in the ASX announcements dated 19 May 2026 and 22 May 2026.
Madaouela Uranium Project, Niger
During the quarter, the Ministry of Mines from the Government of the Republic of Niger released a media statement
regarding the Madaouela Uranium Project.
The media statement noted that “As part of the mining sovereignty policy led by the Government of the Republic of
Niger, the Minister of Mines, Colonel-Commissioner Abarchi Ousmane, granted an audience this Monday, June 15,
2026, to a delegation from the company GOVIEX SA. This delegation, which had been staying in Niamey for a week,
held technical and legal discussions with the teams from the Ministry of Mines aimed at drafting a new mining
convention to frame the resumption of the Madaouela project. This project, one of the most important uranium deposits
in the sub-region, illustrates Niger’s determination to develop its natural resources under fairer and more equitable
conditions, for the benefit of the Nigerien people.”
As previously disclosed in the Prospectus4, following the withdrawal of the Madaouela mining permit from Goviex
Uranium Inc (‘GoviEx’) in 2024, GoviEx commenced international arbitration proceedings but that since February
2025, GoviEx (now wholly owned by the Company) has been in negotiations with the Niger Ministry of Mines regarding
a resolution.
The Company’s Chairman and CEO visited Niger between 7 June 2026 and 15 June 2026 for technical and legal
discussions with the Ministry of Mines aimed at drafting a new mining convention to frame the resumption of
Madaouela.
The negotiations remain non-binding and incomplete until any agreements are executed. As such, there is no certainty
that a transaction will be concluded, nor is there certainty on the terms of the transaction if it were to be concluded.
4 See ASX announcement dated 20 November 2025
Page 6 of 9
Atomic Eagle Limited | ASX:AEU | www.atomiceagle.com.au
CORPORATE
BOARD CHANGES
In April, Atomic Eagle announced the appointment of Grant Davey as Non-Executive Chairman, bringing more than
30 years of senior management and operational experience in the development, construction and operation of global
mining and energy projects.
Mr Davey also brings significant uranium sector experience, having been the founder of Lotus Resources Limited
(ASX: LOT) and Boss Energy Limited, two listed uranium producers. Mr Davey is also currently a non-executive
director of Frontier Energy Limited (ASX: FHE) and Earth’s Energy Ltd (ASX:EE1).
Following Mr Davey’s appointment, Mr Govind Friedland transitioned from Chairman to Non-Executive Director.
Atomic Eagle also appointed Muna Hantuba as a Non-Executive Director. Mr Hantuba is a prominent Zambian
business leader with an extensive 40-year career spanning finance, mining, insurance, real estate, and corporate
governance.
Mr Hantuba is a past Chairman of Zambia’s Securities and Exchange Commission, and was President of the
Economics Association of Zambia. He is a director on a range of companies, including the various subsidiaries of the
Aflife Holdings Group, and also a member of the Zambia Association of Chambers of Commerce & Industry. He is
board chairman of Chilanga Cement Zambia Plc, Zambia’s largest cement producer.
Eric Krafft resigned from the Board, effective 20 April 2026.
COMMENCEMENT OF TRADING ON OTCQX
During the quarter, Atomic Eagle upgraded its U.S. trading platform from the OTCQB Venture Market to the OTCQX
Best Market and commenced trading on OTCQX under ticker AEUXF.
Atomic Eagle’s OTCQX quotation is intended to improve:
• Access to U.S. institutional and specialist uranium investors,
• Visibility in North American capital markets, and
• Liquidity and trading efficiency for U.S.-based shareholders.
The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for
OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate
compliance with applicable securities laws.
Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling
them to demonstrate their qualifications and build visibility among U.S. investors.
The Company continues to trade on the Australian Securities Exchange under the code AEU.
CASH POSITION
As at 30 June 2026, Atomic Eagle held $13.8 million in cash.
EXPLORATION EXPENDITURE
Atomic Eagle spent $1.9 million on exploration activities during the quarter. Details of the exploration activities
undertaken are set out in this Quarterly report.
Page 7 of 9
Atomic Eagle Limited | ASX:AEU | www.atomiceagle.com.au
MINING PRODUCTION AND DEVELOPMENT ACTIVITIES
There were no substantive mining production and development activities during the quarter.
PAYMENTS TO RELATED PARTIES
During the quarter, payments to related parties for directors’ fees totalled $46,666.
Mr Grant Davey, who is a director of the Company, is a director and shareholder of Matador Capital Pty Ltd (Matador
Capital). The Company makes payments to Matador Capital under Shared Services and Office Use Agreements,
under which Matador Capital provides office space, general office administration services, corporate and project
personnel, accounting services and IT hardware and infrastructure to the Company. The services provided by Matador
Capital are recovered from the Company on a cost-plus basis and totalled $87,399.
PROSPECTUS USE OF FUNDS
Atomic Eagle was re-admitted to the official list of the ASX on 24 November 2025, following the completion of a capital
raising of $10 million. The June 2026 quarter is included in a period covered by a Use of Funds statement in the
Prospectus lodged with ASX under Listing Rule 1.1 condition 3.
A comparison of the Company’s actual expenditure since re-admission to 30 June 2026 against the estimated
expenditure in the Use of Funds statement is set out below in accordance with ASX Listing Rule 5.3.4. The Company
is on track to meet the planned business objectives detailed in the prospectus.
Use of Funds
Prospectus Use
of Funds
Actual Use of Funds
to 30/06/2026
Estimated
Remaining Spend
$ $ $
Muntanga – Project development costs 3,880,000 – 3,880,000
Muntanga – Exploration activities 12,886,600 3,372,547 9,514,008
Madaouela legal costs 920,245 1,094,903 (174,658)
Corporate and general administration5 3,382,000 2,889,502 492,498
Working Capital 2,212,246 (218,514) 2,430,760
Transaction costs 1,369,940 663,023 706,917
Broker fees 600,000 600,000 –
Change of control/termination payments – 1,676,379 (1,676,379)
Total 25,251,031 10,077,840
Approved for release by the Board of Atomic Eagle Limited.
For further information, please contact:
Phil Hoskins Nathan Ryan
Chief Executive Officer Investor and Media Relations
Atomic Eagle Limited NWR Communications
E: info@atomiceagle.com.au E: Nathan.ryan@nwrcommunications.com.au
P: +61 8 9200 3426 P: +61 420 582 887
5 Includes legal & travel costs associated with progressing discussions with the Ministry of Mines regarding a new mining convention
for the resumption of the Madaouela Uranium Project.
Page 8 of 9
Atomic Eagle Limited | ASX:AEU | www.atomiceagle.com.au
TENEMENT SCHEDULE
LICENCE
NUMBER
LICENCE NAME PROJECT LOCATION
INTEREST AT
BEGINNING OF
QUARTER
INTEREST
AT
END OF
QUARTER
13880-HQ-LML Muntanga
Mining Licence Muntanga Zambia 100% 100%
13881-HQ-LML Dibbwi
Mining Licence Dibbwi Zambia 100% 100%
12634-HQ-LML Chirundu
Mining Licence Chirundu Zambia 100% 100%
22075-HQ-LEL Chirundu_Ext
Exploration Licence Chirundu Zambia 100% 100%
22803-HQ-LEL Nabbanda
Exploration Licence Nabbanda Zambia 100% 100%
38555-HQ-LML Kariba Valley
Mining Licence Kariba Zambia 100% 100%
As disclosed in the prospectus, from 2007 GoviEx had focused on the exploration and development on the Madaouela
Uranium Project in Niger (the Madaouela Project). The Madaouela Project was controlled 100% by the Nigerien mining
company, Compagnie Miniere Madaouela SA, owned 80% by GoviEx and 20% by the Government of the Republic of
Niger (the State).
The Madaouela Project previously included a mining permit for Madaouela which was withdrawn by the Niger Ministry
of Mines in July 2024. As a result of the withdrawal, currently Atomic Eagle no longer holds any rights to the mining
permit, which reverted to the State and is now part of the public domain.
The Company commenced arbitration proceedings against the State under the International Centre for Settlement of
Investment Disputes Convention, asserting that the withdrawal breached obligations under applicable mining law in
Niger and that the conduct was a breach by the State of its obligation to execute its undertakings in good faith.
In February 2025, the Company signed a letter of intent with the State, outlining a structured roadmap to negotiate a
resolution to the dispute. As part of this process, GoviEx agreed to a temporary suspension to the arbitration
proceedings while negotiations continue. Under new Company management, this process is ongoing as disclosed in
this report.
Page 9 of 9
Atomic Eagle Limited | ASX:AEU | www.atomiceagle.com.au
About Atomic Eagle
Atomic Eagle Limited (ASX: AEU) is an ASX-listed mineral resource company focused on exploration and
development of uranium assets in Africa, with the 100%-owned district-scale Muntanga Uranium Project in Zambia as
its core asset. The Muntanga Project area spans four mining licences and two exploration licences over a 146km strike
length covering 1,136km2, adjacent to Lake Kariba. The Muntanga Uranium Project contains a Measured and Indicated
Resource of 50.4Mt @ 359ppm U3O8 for a total of 40.0 Mlbs U3O8 and an Inferred Resource of 35.8Mt @ 238ppm
U3O8 for a total of 18.8Mlbs U3O8 to deliver a combined total of 58.8Mlb U₃O₈ at 309ppm.
Muntanga benefits from excellent infrastructure, being located near the town of Chirundu close to the Zimbabwe
border, with sealed road access to Chirundu, Siavonga Lusaka (the capital). This network gives the project easy
access to Lusaka’s international airport and to Namibia’s port of Walvis Bay via Livingstone (about 560km west)
providing export routes to both western and eastern markets.
Competent Person’s Statement – Mineral Resource Estimate
The information in this announcement relating to the Mineral Resource Estimate, is based on information compiled and
supervised by Mr Harry Mustard, who is a Member of the Australian Institute of Geoscientists. Mr Mustard is a geologist
with over 40 years of experience in mineral exploration and mining, including 8 years working on sediment-hosted and
granite-related uranium deposits in Asia and Africa. He is a consultant to Atomic Eagle. Mr Mustard has sufficient experience
relevant to the style of mineralisation and type of deposit under consideration and to the exploration activity being undertaken
to qualify as a Competent Person as defined in the JORC Code (2012 Edition). Mr Mustard consents to the inclusion in this
announcement of the matters based on their information in the form and context in which it appears.
Atomic Eagle confirms that it is not aware of any new information or data that materially affects the information included in
the original report and that all material assumptions and technical parameters underpinning the previously announced
Mineral Resource Estimate for the Muntanga Uranium Project continue to apply and have not materially changed. Atomic
Eagle confirms that the form and context in which the Competent Person’s findings are presented have not been materially
modified from the original report and that the Competent Person’s consent remains in place for subsequent releases by
Atomic Eagle of the same information in the same form and context, until the consent is withdrawn or replaced by a
subsequent report or accompanying consent.
Rule 5.5
ASX Listing Rules Appendix 5B (17/07/20) Page 1
+ See chapter 19 of the ASX Listing Rules for defined terms.
Appendix 5B
Mining exploration entity or oil and gas exploration entity
quarterly cash flow report
Name of entity
Atomic Eagle Limited
ABN Quarter ended (“current quarter”)
20 108 958 274 30 June 2026
Consolidated statement of cash flows Current quarter
$A’000
Year to date
$A’000
1. Cash flows from operating activities
1.1 Receipts from customers – –
1.2 Payments for
(1,940) (2,348) (a) exploration & evaluation
(b) development – –
(c) production – –
(d) staff costs, net of reclassification
($310K) to exploration and evaluation
costs
32 (470)
(e) administration and corporate costs (517) (1,700)
(f) Goviex termination payments – (794)
1.3 Dividends received (see note 3) – –
1.4 Interest received 143 219
1.5 Interest and other costs of finance paid – –
1.6 Income taxes paid (269) (269)
1.7 Government grants and tax incentives – –
1.8 Other (provide details if material) royalty
payments received by the Singapore
subsidiary
81 81
1.9 Net cash from / (used in) operating
activities
(2,470) (5,281)
2. Cash flows from investing activities
– –
2.1 Payments to acquire or for:
(a) entities
(b) tenements – –
(c) property, plant and equipment (308) (502)
(d) exploration & evaluation – –
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
ASX Listing Rules Appendix 5B (17/07/20) Page 2
+ See chapter 19 of the ASX Listing Rules for defined terms.
Consolidated statement of cash flows Current quarter
$A’000
Year to date
$A’000
(e) investments – –
(f) other non-current assets (security
deposit on office lease)
(28) (120)
2.2 Proceeds from the disposal of:
(a) entities – –
(b) tenements – –
(c) property, plant and equipment – –
(d) investments – –
(e) other non-current assets – –
2.3 Cash flows from loans to other entities – –
2.4 Dividends received (see note 3) – –
2.5 Other (provide details if material) – –
2.6 Net cash from / (used in) investing
activities
(336) (622)
3. Cash flows from financing activities
528 594
3.1 Proceeds from issues of equity securities
(excluding convertible debt securities)
3.2 Proceeds from issue of convertible debt
securities
– –
3.3 Proceeds from exercise of options – –
3.4 Transaction costs related to issues of equity
securities or convertible debt securities
– –
3.5 Proceeds from borrowings – –
3.6 Repayment of borrowings – –
3.7 Transaction costs related to loans and
borrowings
– –
3.8 Dividends paid – –
3.9 Other (provide details if material) – –
3.10 Net cash from / (used in) financing
activities
528 594
4. Net increase / (decrease) in cash and
cash equivalents for the period
4.1 Cash and cash equivalents at beginning of
period
16,313 19,339
4.2 Net cash from / (used in) operating
activities (item 1.9 above)
(2,470) (5,281)
4.3 Net cash from / (used in) investing activities
(item 2.6 above)
(336) (622)
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
ASX Listing Rules Appendix 5B (17/07/20) Page 3
+ See chapter 19 of the ASX Listing Rules for defined terms.
Consolidated statement of cash flows Current quarter
$A’000
Year to date
$A’000
4.4 Net cash from / (used in) financing activities
(item 3.10 above)
528 594
4.5 Effect of movement in exchange rates on
cash held
(211) (206)
4.6 Cash and cash equivalents at end of
period
13,824 13,824
5. Reconciliation of cash and cash
equivalents
at the end of the quarter (as shown in the
consolidated statement of cash flows) to the
related items in the accounts
Current quarter
$A’000
Previous quarter
$A’000
5.1 Bank balances 13,824 16,313
5.2 Call deposits – –
5.3 Bank overdrafts – –
5.4 Other (provide details) – –
5.5 Cash and cash equivalents at end of
quarter (should equal item 4.6 above)
13,824 16,313
6. Payments to related parties of the entity and their
associates
Current quarter
$A’000
6.1 Aggregate amount of payments to related parties and their
associates included in item 1
134
6.2 Aggregate amount of payments to related parties and their
associates included in item 2
–
Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an
explanation for, such payments.
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
ASX Listing Rules Appendix 5B (17/07/20) Page 4
+ See chapter 19 of the ASX Listing Rules for defined terms.
7. Financing facilities
Note: the term “facility’ includes all forms of financing
arrangements available to the entity.
Add notes as necessary for an understanding of the
sources of finance available to the entity.
Total facility
amount at quarter
end
$A’000
Amount drawn at
quarter end
$A’000
7.1 Loan facilities – –
7.2 Credit standby arrangements – –
7.3 Other (please specify) – –
7.4 Total financing facilities – –
7.5 Unused financing facilities available at quarter end –
7.6 Include in the box below a description of each facility above, including the lender, interest
rate, maturity date and whether it is secured or unsecured. If any additional financing
facilities have been entered into or are proposed to be entered into after quarter end,
include a note providing details of those facilities as well.
N/A
8. Estimated cash available for future operating activities $A’000
8.1 Net cash from / (used in) operating activities (item 1.9) (2,470)
8.2 (Payments for exploration & evaluation classified as investing
activities) (item 2.1(d))
–
8.3 Total relevant outgoings (item 8.1 + item 8.2) (2,470)
8.4 Cash and cash equivalents at quarter end (item 4.6) 13,824
8.5 Unused finance facilities available at quarter end (item 7.5) –
8.6 Total available funding (item 8.4 + item 8.5) 13,824
8.7 Estimated quarters of funding available (item 8.6 divided by
item 8.3)
5.60
Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”.
Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7.
8.8 If item 8.7 is less than 2 quarters, please provide answers to the following questions:
8.8.1 Does the entity expect that it will continue to have the current level of net operating
cash flows for the time being and, if not, why not?
Answer: N/A
8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further
cash to fund its operations and, if so, what are those steps and how likely does it
believe that they will be successful?
Answer: N/A
8.8.3 Does the entity expect to be able to continue its operations and to meet its business
objectives and, if so, on what basis?
Answer: N/A
Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered.
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
ASX Listing Rules Appendix 5B (17/07/20) Page 5
+ See chapter 19 of the ASX Listing Rules for defined terms.
Compliance statement
1 This statement has been prepared in accordance with accounting standards and policies which
comply with Listing Rule 19.11A.
2 This statement gives a true and fair view of the matters disclosed.
Date: 28 July 2026
Authorised by: Board of Atomic Eagle Limited
(Name of body or officer authorising release – see note 4)
Notes
1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the
entity’s activities for the past quarter, how they have been financed and the effect this has had on its cash position. An
entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is
encouraged to do so.
2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions
in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash
Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting
standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.
3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities,
depending on the accounting policy of the entity.
4. If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”.
If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the
[name of board committee – eg Audit and Risk Committee]”. If it has been authorised for release to the market by a
disclosure committee, you can insert here: “By the Disclosure Committee”.
5. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as
complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and
Recommendations, the board should have received a declaration from its CEO and CFO that, in their opinion, the financial
records of the entity have been properly maintained, that this report complies with the appropriate accounting standards
and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a
sound system of risk management and internal control which is operating effectively.
Source: Atomic Eagle