Half Year Accounts - 31 December 2025

Codrus Minerals Limited’s latest interim report details advances in exploration projects, key corporate updates, and the Group’s financial performance for the half-year ended 31 December 2025.

<ul><li>Reported net operational loss after tax of $993,712 for the half-year, with cash and cash equivalents at $340,103 as of 31 December 2025.</li><li>Completed inaugural diamond drilling campaign at the Bull Run Project, confirming the geometry of the Lady May and Whited vein systems.</li><li>Progressed exploration target interpretation at the Jasper Wedge Project, Canada, and evaluated monetisation options for the Red Gate Gold Project, entering a Data Acquisition Agreement post-period for $110,000.</li><li>Received 15 million fully paid ordinary shares in Moho Resources Limited as consideration for the sale of Middle Creek Project tenements.</li><li>Issued 4 million unlisted options to Directors (exercise price $0.05, expiring July 2028) and appointed Maddison Cramer as Company Secretary and Jack Dowland as CFO in January 2026.</li><li>Auditor’s review confirms compliance with accounting standards and notes material uncertainty regarding going concern, balanced by Directors’ planned funding strategies.</li></ul>

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Half Year Accounts - 31 December 2025