We have secured a A$2 million drill-for-equity agreement with Western Australian drilling contractor Topdrill, a significant step in accelerating our exploration and resource expansion plans at the Badja Gold Project in WA's Mid-West. Under the agreement, Topdrill will accept Catalina shares as settlement for 50% of eligible drilling charges, supporting up to 40,000–50,000 metres of RC drilling while preserving our cash for broader exploration and development activities. Badja currently hosts a JORC 2012 Mineral Resource of 90,358 ounces of gold (1.11Mt at 2.52g/t Au), with a conceptual Exploration Target pointing to a further 109,000–303,000 ounces of potential upside at Gnows Nest and Monte Cristo. Our immediate drilling focus will be on Gnows Nest, where high-grade mineralisation remains open along strike and at depth, with historical intersections including 13m at 13.73g/t Au. Drilling is scheduled to commence in January 2027, with more than 15,000 metres planned over the first six months. We are also pleased to announce the appointment of Mr Jade Smith as Managing Director, effective 12 November 2026. Jade has been instrumental in developing our Mid-West gold strategy, including the acquisition of Badja, and is well placed to lead the Company's next phase of growth — targeting resource expansion, a scoping study, and ultimately a pathway to production. We welcome any questions you may have about this announcement and our plans for Badja.