Raiden Resources (RDN) Q4 2026 TU earnings summary

Executive summary

• Advanced permitting for the Crixás Gold Tailings Project, with a water management plan submitted and an Environmental Impact Statement (EIS) in preparation as the final requirement for permit re-issue.

• Defined new, intense arsenic-in-soil anomalies at the Vuzel Gold Project, with follow-up exploration planned to assess gold association.

• Entered a binding agreement for the potential sale of 80% of the Mt Sholl Ni-Cu-PGE Project, strengthening cash position and retaining a 20% free-carried interest.

• Maintained a disciplined approach to capital allocation, evaluating new acquisitions and divestment opportunities.

Financial highlights

• Cash balance of $11.98 million at 30 June 2026.

• Net cash outflow from operating activities was $346,000 for the quarter.

• Exploration expenditure for the quarter totaled $214,000.

• Payments to related parties amounted to $138,000, including director fees and company secretarial services.

Outlook and guidance

• Anticipates submission of the EIS for Crixás shortly, with the aim to rapidly evaluate near-term production potential upon permit re-issue.

• Plans to progress to a Final Investment Decision (FID) for Crixás following permitting, drilling, and metallurgical work.

• Continues to assess new acquisition and partnership opportunities for value accretion.