| Mon 12 Oct 2026, 15:30 | | NSX.BMN: Bannerman Energy Ltd. - Application for Quotation of Securities |
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Application for Quotation of Securities
BANNERMAN ENERGY LTD
Incorporated in Australia
(Registration number: 34 113 017 128)
ISIN: AU000000BMN9
ASX Share Code: BMN
NSX Share Code: BMN
APPLICATION FOR QUOTATION OF SECURITIES – Appendix 2A
Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company)
released an Appendix 2A of the ASX Listing Rules in relation to ordinary fully paid shares.
ASX Security Code BMN
Security Description Ordinary Shares
Number of securities to be quoted 110,000
Issue Date 09 October 2026
Total number of shared in issue 239,010,167 ordinary shares
The announcement showing the full Appendix 2A – Application for quotation of securities can be
viewed at the following link:
https://announcements.asx.com.au/asxpdf/20261009/pdf/07542x80bz9yqg.pdf
This release was authorised on behalf of the Bannerman Board by
Gavin Chamberlain, Managing Director and Chief Executive Officer
12-Oct-26
Sponsor
Cirrus Securities (Pty) Ltd
Member of the Namibia Securities Exchange
Contact
Investors:
Emma Culver
Investor Relations Manager
T: +61 8 9831 1436
eculver@bmnenergy.com
Media:
Michael Vaughan
Fivemark Partners
T: +61 422 602 720
michael.vaughan@fivemark.com.au
Important Notices
This announcement contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’,
‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and uncertainties. These statements are based on an
assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that,
as at the date of this announcement, are considered reasonable. Such forward-looking statements are not a guarantee of future
performance and involve known and unknown risks, uncertainties, assumptions, and other important factors, many of which are beyond
the control of the Company, the Directors, and the management. The Directors cannot and do not give any assurance that the results,
performance, or achievements expressed or implied by the forward-looking statements contained in this announcement will actually
occur and investors are cautioned not to place undue reliance on these forward-looking statements. The Directors have no intention
to update or revise forward-looking statements, or to publish prospective financial information in the future, regardless of whether new
information, future events or any other factors affect the information contained in this announcement, except where required by law or
the ASX listing rules. The information contained in this announcement does not constitute investment or financial product advice (nor
taxation, accounting, or legal advice), is not a recommendation to acquire Bannerman shares and is not intended to be used or relied
upon as the basis for making an investment decision. This announcement has been prepared without taking into account the investment
objectives, financial situation or needs of any individuals. Before making any investment decisions, prospective investors should
consider the appropriateness of the information having regard to their own investment objectives, financial situation and needs and
should seek legal, accounting and taxation advice appropriate to their jurisdiction. Bannerman is not licensed to provide investment or
financial product advice in respect of Bannerman shares.
ABOUT BANNERMAN ENERGY (ASX:BMN, NSX:BMN, OTCQX:BNNLF)
Bannerman Energy Ltd is a uranium development business listed on the Australian and Namibian
stock exchanges and traded on the OTCQX Market in the US. Its flagship asset is the advanced
Etango Uranium Project located in the Erongo Region of Namibia.
Etango has benefited from extensive exploration and feasibility activity over the past 15 years.
The Etango tenement possesses a globally large-scale uranium mineral resource1. In December
2022, a Definitive Feasibility Study (DFS)2 was completed on the Etango-8 Project, confirming to
a definitive-level the strong technical and economic viability of conventional open pit mining and
heap leach processing of the Etango deposit at 8Mtpa throughput (for average annual output of
3.5 Mlbs U3O8). In March 2024, a scoping study3 demonstrated the capacity to expand annual
production to 6.7 Mlbs U3O8.
Etango’s advanced credentials are further highlighted by the construction and multi-year operation
of the Etango Heap Leach Demonstration Plant, which comprehensively de-risked the
conventional acid heap leach process to be utilised on the Etango ore. All environmental approvals
have been received for the proposed Etango mine and external mine infrastructure, based on a
12-year environmental baseline. Bannerman was awarded the Mining Licence for Etango in
December 2023 and is progressing all key project workstreams towards a targeted positive Final
Investment Decision (FID) in parallel with strengthening uranium market fundamentals.
Namibia is a premier uranium investment jurisdiction, with a 45-year history of uranium production
and export, excellent infrastructure and support for uranium mining from both government and
community. As the world’s third largest producer of uranium, Namibia is an ideal development
jurisdiction boasting political stability, security, a strong rule of law and an assertive development
agenda. The Bannerman team has ample direct experience in the development, construction and
operation of uranium projects in Namibia, as well as extensive links into the downstream nuclear
power industry.
Bannerman has long established itself as an Environmental, Social and Governance (ESG) leader
in the uranium and nuclear energy sector. It is also a leader within Namibia on social development
and community engagement and exercises best-practice governance in all aspects of its business.
This was recognised with receipt of the 2023 African Mining Indaba’s ESG Award for Community
Engagement.
1 and 2. Refer to Bannerman’s ASX release dated 6 December 2022, Etango-8 Definitive Feasibility Study. Bannerman confirms that it is not aware of
any new information or data that materially affects the information included in that release. All material assumptions and technical parameters underpinning
the estimates in that ASX release continue to apply and have not materially changed.
3. Refer to Bannerman’s ASX release dated 18 March 2024, Etango-XP and Etango-XT Scoping Study.
Date: 12/10/2026 03:15:00
Produced by the JSE SENS Department.
