The Fort Worth Press - Barton Distributes $640,000 in JMEI Tax Credits

ADELAIDE, AU / ACCESS Newswire / February 22, 2026 / Barton Gold Holdings Limited (ASX:BGD)(FRA:BGD3)(OTCQB:BGDFF) (Barton or Company) is pleased to announce that it has now distributed a total of $643,183 Junior Minerals Exploration Incentive (JMEI) tax credits to eligible BGD investors, following submission of its 2025 corporate tax return and ATO approval.

The JMEI scheme enables eligible exploration companies to create refundable tax credits to distribute to Australian resident shareholders who acquire newly issued shares during the relevant time period (Eligible Investors), which investors will generally be entitled to refundable tax offsets (in the case of individual shareholders or superannuation funds) or franking credits (in the case of corporate investors).

The credits that can be issued to any given investor are limited to the amount paid by an Eligible Investor to acquire new shares, multiplied by a company's corporate tax rate. Credits are issued proportionally to each Eligible Investor's investment relative to the total amount of new shares issued in the eligible period.

During 2024, Barton was advised by the ATO that its application for the 2024 / 2025 financial year's JMEI scheme had been successful, with up to $1,488,500 distributable tax credits allocated to the Company.¹

For the year ended 30 June 2025, Barton incurred $2,731,882 eligible 'greenfields' exploration expenditure, and generated $643,183 in distributable JMEI tax credits based upon its 25% corporate rate and tax loss of $2,572,732. These credits have been issued to Eligible Investors who participated in Barton's June 2025 $0.70 Placement of 4,285,722 new shares issued to raise $3 million, with zero costs or fees incurred.²

Eligible Investors in Barton's June 2025 Placement have received a JMEI tax credit of $0.15 for each $0.70 share purchased, reflecting an effective additional investment return of 21.4% for each dollar invested.

For further information about the JMEI scheme, please refer to the Australian Taxation office website here.

Commenting on the Barton's distribution of JMEI credits, Barton MD Alexander Scanlon said:

"The award of these tax credits represents a significant benefit for Barton and its investors, and complements the Federal Government's R&D Tax Incentive Program. The JMEI and R&D programs have enabled us to undertake a wide range of large-scale R&D programs which might otherwise not have been possible, to secure vital early-stage exploration investment support, and confirm multiple significant technical outcomes. We thank the ATO and the Australian Federal Government for their extensive support of Barton's work in South Australia."

¹Refer to ASX announcement dated 15 July 2024
²Refer to ASX announcements dated 27 May and 2 June 2025

Authorised by the Board of Directors of Barton Gold Holdings Limited.

For further information, please contact:

About Barton Gold
Barton Gold is an ASX, OTCQB and Frankfurt Stock Exchange listed Australian gold developer targeting future gold production of 150,000ozpa with 2.2Moz Au & 3.1Moz Ag JORC Mineral Resources (79.9Mt @ 0.87g/t Au), brownfield mines, and 100% ownership of the region's only gold mill in the renowned Gawler Craton of South Australia.*

Challenger Gold Project 313koz Au + fully permitted Central Gawler Mill (CGM) Tarcoola Gold Project 20koz Au in fully permitted open pit mine near CGM Tolmer discovery grades up to 84g/t Au & 17,600g/t Ag Tunkillia Gold Project 1.6Moz Au & 3.1Moz Ag JORC Mineral Resources Competitive 120kozpa gold & 250kozpa silver project Wudinna Gold Project 279koz Au project located southeast of Tunkillia Significant optionality, adjacent to main highway

Competent Persons Statement & Previously Reported Information
The information in this announcement that relates to the historic Exploration Results and Mineral Resources as listed in the table below is based on, and fairly represents, information and supporting documentation prepared by the Competent Person whose name appears in the same row, who is an employee of or independent consultant to the Company and is a Member or Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIG) or a Recognised Professional Organisation (RPO). Each person named in the table below has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to quality as a Competent Person as defined in the JORC Code 2012 (JORC).

SOURCE: Barton Gold Holdings Limited

View the original press release on ACCESS Newswire

W.Lane--TFWP