Share Placement at Market Demonstrates Strength of Support

Aureka Limited is pleased to announce a share placement of $3 million at $0.13 per share, demonstrating the support of both new and existing investors. This placement is in line with recent trading prices and signifies confidence in Aureka's strategy to unlock value through exploration programs and long-term derisking activities. The funds raised will be used for accelerated drilling, particularly at the Irvine and St Arnaud projects, where recent successes have increased global JORC Resources by 19%.

The strong equity placement is a testament to the support the Company enjoys and its long-term upside potential. Investors endorse Aureka's strategy to ramp up drilling and undertake activities such as securing permanent land access. The Company's recent successes, including the appointment of a world-class exploration manager and a new discovery at Irvine, highlight the momentum and support behind Aureka.

Investors are invited to visit the website for further information and are welcome to contact us with any questions. We appreciate the support of our investors and look forward to creating lasting value from our portfolio of advanced stage gold exploration projects in Victoria.