Atrum Coal Raises A$5.8M as Alberta Trial Looms and Canadian Assets Go on Sale

• Completed fully underwritten 1 for 1.83 entitlement offer raising ~A$5.8 million
• Legal claim against Alberta government for de facto expropriation proceeding to trial in April 2025
• Binding term sheet signed for sale of Canadian subsidiaries Groundhog and Panorama projects
• Cash position at A$5.65 million with no debt as of December 31, 2024