Yari Resources has completed acquisition of Arcadia coal project in Qld

• Arcadia coal project acquisition completed for $50,000 upfront cash plus completion shares
• Total consideration of $714,000 or 0.25 cents per reported Arcadia resource tonne
• Completion establishes a combined 504.9Mt Queensland coal resource portfolio
• Resource growth materially outpaces equity dilution

Yari Resources (ASX: YAR) has completed the acquisition of the Arcadia coal project in Queensland via a $50,000 upfront cash payment plus completion shares for total consideration of $714,000.

MD, Courtney Taylor, said the completion of the Arcadia acquisition lifts Yari’s reported JORC coal resources to 504.9 million tonnes (MT), more than six times the 78.9 Mt initially reported for the company’s Rolleston South Project in May 2025.

Indicated resources have increased from 33.7 Mt to 197.7 Mt, with Arcadia contributing 164.0 Mt Indicated.

“Completion of Arcadia establishes Yari as the owner of a greater than 500 Mt Queensland coal resource portfolio in the world-class Bowen Basin,” Ms Taylor said.

“Importantly, the growth in our resource base has materially outpaced the increase in shares on issue, lifting total resource tonnes per share by 28.8% and Indicated tonnes per share by 233.7%.

“We have achieved this transformation with relatively limited upfront capital, giving shareholders substantially greater exposure to Queensland coal resources as we advance Arcadia and Rolleston South, supporting our district-scale consolidation strategy.

“Yari’s focus now shifts to unlocking even more value for shareholders through resource growth, development studies and potential strategic opportunities, driven by solid long-term demand for both thermal and metallurgical coal and constrained supply.”

Using the $0.0045 placement price as an illustrative reference, the cash and completion shares are equivalent to approximately 0.25 cents per reported Arcadia resource tonne.

Additional obligations include $400,000 minimum qualifying expenditure over three years; $1.25 million in resource and tenure milestone payments; $20 million in production-linked cash payments; a 1.5% gross revenue royalty; and a 10% entitlement to any relevant future sale or transfer consideration.

Ms Taylor said Yari is building a significant coal position in Queensland’s Bowen Basin through its Rolleston South and Arcadia coal projects, as part of a district-scale consolidation strategy.

The Rolleston South project contains a total coal resource of 222.9Mt, comprising 33.7Mt Indicated and 189.2Mt Inferred resources.

Recent coal-quality testwork has highlighted the potential for low- ash export thermal, PCI and semi-soft coking coal products.

YAR was up 20.0% to 0.3¢  with a Mkt cap of $2.518M.

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