Perseus Increases ON-Market Share Buy-Back to A$150MILLION
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PERSEUSMINING.COM
PERSEUS INCREASES ON-MARKET SHARE BUY-BACK TO
A$150MILLION
Perth, Western Australia/June 15, 2026/Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce that on June
12, 2026, we have reached A$100 million of the A$100 million on -market share buyback announced in August 2025.
Under this buyback, Perseus has purchased 19,077,751 shares at an average price of A$5.24 per share, of shares on
issue at notification of the buyback on the 25 November 2025.
In line with Perseus’s communicated Capital Allocation Framework to return capital to shareholders, the Perseus Board
of Directors has approved an increase of A$50 million to this active on-market share buy-back programme to a total of
A$150 million.
Since the inception of the share buyback program mes in August 2024 , Perseus has purchased a total of 45,076,176
shares totalling A$183.5 million at an average price of A$4.07 per share (3.3% of shares on issue at notification of the
maiden buyback on 28 August 2024).
The upsized buy -back underscores the Board’s confidence in Perseus’s balance sheet and the current operations
market-leading free cash flow, enabling the Company to return capital to shareholders, whilst continuing to fund its
organic growth pipeline.
The expanded buy-back will be conducted in accordance with all applicable ASX Listing Rules and Corporations Act
requirements. The timing, volume, and exact pricing of share repurchases will depend entirely on prevailing market
conditions and share price levels. Perseus reserves the right to suspend or terminate the buy-back programme at any
point.
Perseus’s Managing Director and CEO Craig Jones said:
“The decision to expand our on-market buyback to A$150 million emphasizes our clear focus on total shareholder return
and capital allocation discipline. Our operations continue to produce solid and sustained cash flows. Given the current
market conditions continue to undervalue our high-margin production profile and organic upside, buying back our own
shares represents a highly accretive use of capital. This expansion allows us to efficiently return value to our shareholders
while preserving our strong balance sheet to execute our corporate growth initiatives”.
This announcement was approved for release by the Managing Director & CEO, Craig Jones.
NEWS RELEASE
15 JUNE 2026
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PERSEUSMINING.COM
ASX/TSX CODE: PRU
CAPITAL STRUCTURE:
Ordinary shares: 1,339,891,309
Performance rights: 8,625,981
REGISTERED OFFICE:
Level 2
437 Roberts Road
Subiaco WA 6008
Telephone: +61 8 6144 1700
www.perseusmining.com
DIRECTORS:
Rick Menell
Non-Executive Chairman
Craig Jones
Managing Director & CEO
Amber Banfield
Non-Executive Director
Elissa Cornelius
Non-Executive Director
Dan Lougher
Non-Executive Director
John McGloin
Non-Executive Director
James Rutherford
Non-Executive Director
CONTACTS:
Craig Jones
Managing Director & CEO
Stephen Forman
Investor Relations
+61 484 036 681
Nathan Ryan
Media Relations
+61 420 582 887