Key Highlights:

• Retention Licence has been granted for the Goschen Central rare earth element and heavy mineral sand project.
• Goschen Central is a large and robust strategic minerals project located in a jurisdiction that is demonstrating support for critical raw materials.
• The Retention Licence granting is a key step, following recent milestones:
✓ Updated Mineral Resource1.
✓ Successful bulk metallurgical testwork program and product marketing2
✓ Completion of Scoping Study3.
• The 10-year Retention Licence will enable ongoing exploration and
development activities.
• Granting of the Retention Licence provides the Company with confidence in long term project ownership, enabling the next stage of project development and creating an attractive scenario for potential strategic partners.

ACDC Metals Limited (ASX: ADC) (ACDC Metals or the Company) is pleased to announce the granting of the retention licence from the Department of Energy, Environment and Climate change for its Goschen Central Rare earth element and Heavy Mineral Sand Project located in western Victoria.

ACDC Metals Limited (ASX: ADC) (ACDC Metals or the Company) is pleased to announce the granting of the Retention Licence (RL) from the Department of Energy, Environment and Climate Change for its Goschen Central rare earth element (REE)
and heavy mineral sand Project located in western Victoria.

ACDC Metals CEO Tom Davidson commented:
"The granting of the retention licence is a key milestone for the project, valuing both the work completed to date and its strong potential for future development.
A recent Scoping Study demonstrated a robust business model for Goschen Central, with the potential to produce critical minerals including zircon, titanium and rare earth elements. The study confirms the scale of the opportunity, with the proposed mine plan utilising just 15% of the total deposit. The current strength in the rare earth
market is providing opportunities to engage with additional new potential investment and offtake partners.
The RL gives us confidence in the project ownership to initiate further work programs to de-risk and advance the project and we look forward to updating the market on progress at the Goschen Central Project."
1 ASX Announcement – ACDC Metals Delivers Significant Upgrade at Goschen Central – 3 December 2024
2 ASX Announcement – Met. Testwork program Completed for Goschen Central – 17 February 2025
3 ASX Announcement – Outstanding Economic Potential with Goschen Central Study – 12 June 2025

About ACDC Metals

ACDC Metals is a diversified exploration company combining resource-backed critical minerals assets with high-impact precious metals exploration. The Company has completed resource estimate and studies on its Heavy Mineral Sands and Rare Earth Element projects and is currently advancing gold and silver opportunities in Australia and the United States to drive growth, discovery and shareholder value.

We refer shareholders and interested parties to the website www.acdcmetals.com.au where they can access the most recent corporate presentation, video interviews and other information including the ASX Announcement dated 1 July 2026.

This update is not to be considered financial advice or a recommendation. Please consult professional advice before making any investment decision.

Key Highlights:

• Rock samples collected by ACDC Metals across the Mount Jackson (Nevada) project confirm multiple gold and copper targets . Rock chip results include:

• 2.35 g/t gold – 969211 (Pegasus Zone)
• 0.54 g/t gold – 969212 (Pegasus Zone)
• 0.65 g/t gold – 969213 (Pegasus Zone)
• 0.16 g/t gold, 14.9% copper – 969216 (3 Shaft Zone)
• 0.61 g/t gold - 969217

• Airborne magnetics and radiometrics data has been received and is
currently being interpreted, to assist with target definition.
• Extensive sampling program planned for the Pegasus Zone in Q3 CY2026.
• Procurement activities underway to secure drilling contractor for Q4
CY2026.
• Goschen Central Retention Licence application remains in progress.
• Rights Issue remains open with strong support, closing 9th June. 1:3 Rights Issue has been offered to raise up to $1.56 million.

ACDC Metals Limited (ASX: ADC) (ACDC Metals or the Company) is pleased to announce assay results from rock samples collected at the Mount Jackson Project within the Walker Lane of Nevada, USA. The Walker Lane is a Tier-1 geological feature with a strong history of mining production, and a high level of exploration and development.

ACDC Metals CEO Tom Davidson commented:

“It is pleasing to be reporting on our exploration activities from the Mount Jackson project in such a short time frame since announcing the acquisition. These results from initial surface sampling confirm gold mineralisation across the project and highlight the potential at the 3 Shaft Zone for copper.

We look forward to continuing our systematic exploration, including additional rock chip sampling, and interpretation of the airborne geophysics survey as we work towards our planned maiden drilling program in Q4 CY2026.

We are extremely pleased with the support shown for the recent placement and the ongoing support for the rights from existing shareholders.
Together with our existing cash reserves, ACDC Metals is well positioned to undertake and deliver the planned exploration program at the Mount Jackson Project and deliver value creation.

For complete information refer to announcement released to the ASX on 9 June 2026 which can be viewed at www.acdcmetals.com.au.

Important Note - Not financial advice
This video is provided for information purposes only, do not construe as offering financial advice. Consult professional advice before making any investment decisions, ACDC Metals Ltd may not be suitable for your investment needs.