Emerald Resources issues shares after employee option exercises

Emerald Resources NL (ASX: EMR) has issued 136,444 fully paid ordinary shares following the exercise of 175,000 unlisted options with an exercise price of $1.09, expiring on 29 July 2026. These options were exercised through a cashless facility under the company's Incentive Plan. The issuance was disclosed in accordance with section 708A(5)(e) of the Corporations Act 2001 (Cth), with Emerald confirming compliance with Chapter 2M and sections 674 and 674A of the Corporations Act, and no excluded information.

This transaction results in a revised capital structure for Emerald Resources, with the total number of quoted ordinary fully paid shares increasing to 660,076,695. The company also has several unquoted options outstanding, including 1,837,500 options expiring 29-JUL-2026 at an exercise price of $1.09. The issue date for the new shares is 8 October 2025.