Exercise of Warrants

/**/

RNS Number : 1399N East Star Resources PLC 30 December 2025  

30 December 2025 East Star Resources Plc ("East Star" or the "Company")  Exercise of Warrants East Star Resources Plc (LSE: EST), the Kazakhstan-focused gold and base metals explorer, is pleased to announce that it has received warrant exercise notices to subscribe for a total of 25,590,545 new ordinary shares of £0.01 each in the Company ("Ordinary Shares") (the "Warrant Shares").  A total of 25,590,545 Warrant Shares have been exercised at a price of £0.03 pence per Ordinary Share resulting in total gross proceeds to the Company of £767,716. Admission Application has been made for the Warrant Shares to be admitted to the standard segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange, and admission of the Warrant Shares is expected to occur on or around 6 January 2026 ("Admission"). The Warrant Shares will rank pari passu with the existing Ordinary Shares. For the purpose of the Disclosure and Transparency Rules, following Admission the enlarged issued share capital of the Company will comprise 475,175,080 Ordinary Shares. The Company does not hold any shares in treasury. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules. Contacts: East Star Resources Plc Alex Walker, Chief Executive Officer Tel: +44 (0)20 7390 0234 (via Vigo Consulting)   SI Capital (Corporate Broker) Nick Emerson Tel: +44 (0)1483 413 500   Vigo Consulting (Investor Relations) Ben Simons / Peter Jacob Tel: +44 (0)20 7390 0234   About East Star Resources Plc   East Star Resources is focused on the discovery and development of copper and gold in Kazakhstan. The Company is pursuing multiple exploration strategies including:  

·   

A joint venture with Hong Kong Xinhai Mining Services Limited to take the Verkhuba Deposit (20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead) into production (at no further cost to East Star) with East Star retaining 30% ownership in production

·   

A second VMS Exploration Target with up to 23Mt @ 2.4% copper equivalent in the same region, with numerous other targets being advanced to drill-ready status

·   

A $25 million+ strategic gold exploration joint venture with Endeavour Mining

·   

Tier 1 potential copper porphyry targets and epithermal gold targets in a proven copper porphyry and epithermal belt

  Visit our website: www.eaststarplc.com   Follow us on social media: LinkedIn: https://www.linkedin.com/company/east-star-resources/   X: https://twitter.com/EastStar_PLC   Subscribe to our email alert service to be notified whenever East Star releases news:   www.eaststarplc.com/newsalerts   The person who arranged for the release of this announcement was Alex Walker, CEO of the Company.   This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310) ("UK MAR"). Upon the publication of this announcement, this inside information (as defined in UK MAR) is now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.  END  IOEEANAEDSNSFEA