Black Cat Syndicate Limited Secures A$85M to Accelerate Expansion in Western Australia's Gold Belt

We are excited to announce that Black Cat Syndicate Limited (ASX: BC8) has successfully raised AUD 85,000,000 in its latest funding round—a significant milestone that will drive our ambitious growth strategy. Since our listing on the ASX in 2018, we have earned our reputation as one of Western Australia’s fastest-growing gold explorers. With a rapidly expanding portfolio of high-grade gold resources strategically located in the Eastern Goldfields, Eastern Pilbara, and the Tanami regions, our company has continuously demonstrated its ability to identify and capitalize on promising exploration opportunities. This new capital injection will be a cornerstone for our next phase of development. Our vision remains to transform into a multi-operation gold mining company, creating enduring value and opportunities not only for our shareholders and employees but also for the communities in which we operate. The additional funding will be directed towards accelerating exploration and development activities across our resource base, which now exceeds 2 million ounces of gold. By bolstering our exploration efforts, we aim to uncover additional high-quality ore bodies that will further enhance our resource portfolio and support our rapid transition to self-sustaining operations. Moreover, the capital will reinforce our commitment to responsible and creative mining practices, ensuring sustainable growth while minimizing environmental impact. This exciting development underscores our determination to continue delivering exceptional value and solidifying our presence in prime Western Australian gold regions. As we move forward, we are confident that our focused strategy and the significant funds raised will drive further innovation and growth, ultimately benefiting all our stakeholders.