Gold Hydrogen (GHY) investor relations material

Strategic focus and project overview

• Focused on developing naturally occurring hydrogen and helium resources in Australia, with a flagship 100%-owned Ramsay Project covering 7,820 km² and additional application areas totaling 69,472 km².

• Board includes experienced directors and executives, with significant shareholdings by strategic investors such as Toyota, Mitsubishi Gas Chemical, and ENEOS Xplora.

• Market capitalization is $100 million, with $22.5 million cash on hand and 180.5 million shares on issue.

• Strategic Japanese investors contributed $14.5 million in July 2025 to fund the next drilling campaign.

Technical results and resource estimates

• Drilling and testing of Ramsay 1 & 2 wells confirmed world-class purities: up to 95.8% hydrogen and 36.9% helium, with helium-3 detected.

• Prospective resources estimated at 1.3 billion kg of hydrogen and 41 Bcf of helium (mean 96 Bcf), with multiple stacked reservoirs identified.

• Seismic and aeromagnetic surveys in 2024 identified new optimal drilling targets and improved understanding of subsurface structures.

• Fluid inclusion studies and noble gas analysis confirmed widespread presence of hydrogen and helium across the Yorke Peninsula.

Competitive and commercial advantages

• Naturally occurring hydrogen offers significant cost and carbon advantages over manufactured hydrogen, with production costs potentially below $1/kg.

• Helium market is growing, with current prices around $400–500/Mcf and global demand expected to rise from $5bn in 2023 to $8bn in 2030.

• Helium-3, detected at Ramsay, is extremely rare and valuable, with potential applications in nuclear fusion and quantum computing.

• Natural hydrogen and helium can be brought to surface, supporting commercial development potential.