Yari raises $1.5 million to advance Rolleston South Coal in Bowen Basin
• Yari receives firm commitments for $1.5m placement at an offer price of A$0.01 per share
• Placement attracted strong support from sophisticated and institutional investors including a $500,000 subscription by the Copulos Group
• Funds to advance inaugural drilling campaign at the South Rolleston Coal Project, including:
- testing high-priority targets to potentially upgrade the current 190Mt JORC Inferred Resource to Indicated status
- confirming high-quality semi-soft metallurgical coal via test-work
- undertaking geotechnical drilling
• Regulatory approvals to be finalised to enable drilling to commence shortly
• CPS Capital Group acted as Lead Manager to the Placement
Read the full ASX announcement dated 15 September 2025 via our Investor Centre.