Shareholder Notification re Subscription Rights

31 October 2025

Golden Prospect Precious Metals Limited
(the "Company")

Notification to Shareholders in regard to Subscription Rights

Please be reminded that you have the right to subscribe for Ordinary Shares in the Company in cash on the basis of one new Ordinary Share for every five existing Ordinary Shares held on 10 November 2025, exercisable on 1 December 2025, at a price of 48.00 pence per share (being the price equal to the audited undiluted net asset value of an Ordinary share on 2 December 2024).

The Subscription Price is, at present, materially below the current share price.

The deadline to submit your instructions is 1pm on Thursday, 27 November 2025.

If you hold your Ordinary Shares in uncertificated form, you will be allocated Subscription Right entitlements in CREST on 13 November 2025 by reference to your shareholding as at close of business on 10 November 2025 (the Record Date).

If you hold your shares in certificated form, a personalised application form will be sent to you on 13 November 2025. You should return the application form and a payment as instructed in the form to Computershare Investor Services PLC, Corporate Actions, The Pavilions, Bridgwater Road, Bristol BS99 6AH.

Ordinary Shares issued pursuant to the exercise of Subscription Rights are expected to be allotted within 14 Business Days of the relevant Subscription Date.

A notice has been sent to all Shareholders and is attached to this announcement for reference.

http://www.rns-pdf.londonstockexchange.com/rns/5949F_1-2025-10-30.pdf

About Golden Prospect Precious Metals 

Golden Prospect Precious Metals Limited is a closed-ended investment company incorporated with limited liability in Guernsey on 16 October 2006, which was established to provide a listed entity for investors to gain exposure to the Company's investment strategy within the gold and precious metals sector. 

For the latest factsheet and other information, click here.