REG - Georgina Energy PLC - Debt Drawdown of £500,000

Georgina EnergyAnnouncement

30/01/2026 11:30

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RNS Number : 1227R  Georgina Energy PLC  30 January 2026

 

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

 30(th) January 2026

 

Georgina Energy plc

("Georgina", "Georgina Energy" or the "Company")

 Debt Drawdown of £500,000

Debt and Equity Facility

The Company entered an equity and debt financing arrangement with an
institutional investor on 4(th) November 2025 (RNS 1026G). The Facility, of up
to £1,000,000, has a term of 3 years, and each drawdown of the debt has a
term of 12 months.

The Company will use the gross proceeds of the drawdown to fund working
capital and to continue the development of its portfolio and progress the
transaction with Central Petroleum.

Westmarket Oil & Gas, the operational subsidiary of the Company is fully
funded having recently agreed a structured offtake finance arrangement with
Harlequin Energy.

Debt Facility

The First Drawdown of £300,000 occurred on 4(th) November 2025 and is
convertible at 8 pence per share ("Reference Price") and each drawdown
thereafter at a 50% premium to the 5-day VWAP preceding the drawdown. There is
no interest to be applied to the loan.

The Company has now undertaken a Second Drawdown of £500,000 on the same
terms as that agreed for the First Drawdown, that being convertible at a
premium of 8.00 pence.

Issue of Warrants

The Investor shall receive Warrants equal to 40% of each drawdown divided by
the Reference Price, exercisable at a 50% premium to the relevant Reference
Price being 8.00 pence (2.5 million warrants). Each issuance of Warrants will
have a 48-month term from the date of issuance (which may be offset against
outstanding debt if exercised). As with the First Drawdown, the Second
Drawdown warrants will be exercisable at 8 pence.

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

 

"We are delighted to have received the continued support from an Institutional
Investor. This strategic investment not only strengthens our balance sheet but
also underscores institutional confidence in our vision and asset base. The
funding provides us with the flexibility to accelerate the advancement of our
key projects and evaluate additional growth opportunities to deliver enhanced
shareholder value."

 

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
 Tamsin Howard

 

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/)

 

END

 

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