REG - Georgina Energy PLC - £1m Fundraise to Advance Hussar & Mt Winter

Georgina EnergyAnnouncement

28/08/2025 11:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250828:nRSb0703Xa&default-theme=true

RNS Number : 0703X  Georgina Energy PLC  28 August 2025

28 August 2025

 

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR
MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF (A) ARTICLE
7(1) OF UK MAR IN SO FAR AS IT RELATES TO ORDINARY SHARES ISSUED BY GEORGINA
ENERGY PLC

 

Georgina Energy plc

("Georgina Energy" or the "Company")

 

£1 Million Fundraise to Advance Hussar & Mt Winter Workstreams

Georgina Energy plc (LSE: GEX), is pleased to announce that it has
successfully raised £1,000,000 (gross proceeds) through the issue of
20,000,000 new ordinary shares at a placing price of 5.0 pence per share (the
"Placing"). The Placing was undertaken by Clear Capital.

Use of Proceeds

The net proceeds of the Placing will primarily be to advance the ongoing work
programmes in relation to Hussar and Mt Winter and for general working capital
purposes.

Broker Warrants

The Company will issue Clear Capital with 1,200,000 Broker Warrants
exercisable at 5p and will be valid for three years from the date of
Admission.

Anthony Hamilton, Chief Executive Officer of Georgina Energy, commented:

"This fundraise strengthens our balance sheet and ensures we have the
resources to progress key workstreams at Hussar and Mt Winter. With
significant preparatory work already underway, drilling approval for Hussar
expected, and the ALRA agreement for Mt Winter advancing, we are well
positioned to deliver value for our shareholders."

Admission of Placing Shares

An application has been made for 20,000,000 new ordinary shares relating to
the Placing to be admitted to trading on the official list of the London Stock
Exchange from 8.00 a.m. on 3 September 2025 ("Admission").

Total Voting Rights

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the
Company confirms that following Admission, the Company's enlarged issued
ordinary share capital will comprise 123,593,987 Ordinary Shares. The Company
does not hold any Ordinary Shares in Treasury. Therefore, following Admission,
the above figure may be used by shareholders in the Company as the denominator
for the calculations to determine if they are required to notify their
interest in, or a change to their interest in the Company, under the FCA's
Disclosure Guidance and Transparency Rules.

 

END

 

 

 

 

Enquiries

 

Georgina Energy

 Tony Hamilton  via georginaenergy@apcoworldwide.com (mailto:georginaenergy@apcoworldwide.com)
 Mark Wallace

Tavira Financial Ltd - Financial Adviser and Joint Broker

 Jonathan Evans     +44 (0)20 3833 3719 (tel:+442038333719)
 Oliver Stansfield

 

Oak Securities - Joint Broker

 Jerry Keen       +44 (0)203 973 3678 (tel:+442039733678)
 Henry Clarke
 Dillon Anadkat

 

Financial PR
 
via georginaenergy@apcoworldwide.com (mailto:georginaenergy@apcoworldwide.com)

 Violet Wilson  +44 (0)203 757 4980
 Letaba Rimell

 

 

Notes to Editors

Georgina Energy aims to become a leading player in the global energy market
and is focused on establishing itself among the top producers of helium and
hydrogen worldwide. With a strategic approach and leveraging the experienced
management team's expertise, Georgina Energy aims to capitalize on
opportunities in these critical energy sectors.

Georgina Energy has two principal onshore interests held through its wholly
owned Australian subsidiary, Westmarket O&G.  The first, the Hussar
Prospect is located in the Officer Basin in Western Australia and Westmarket
O&G holds a 100% working interest in the exploration permit.  The second,
the EPA155 Mt Winter Prospect, is located in the Amadeus Basin in the Northern
Territory, subject to completion of the Sale Agreement Georgina Energy will
hold a 100% working interest.

In line with market demand trends, Georgina Energy is well-positioned to
capitalize on the growing gap between supply and demand for hydrogen and
helium with the resource potential of EPA155 Mt Winter and EP513 Hussar
projects for their potential accumulations.

For more information visit https://www.georginaenergy.com
(https://www.georginaenergy.com/)

 

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEPKFBPCBKKBFB