APAC RESOURCES (01104) has announced that it received an approach from Tanami Gold regarding a rights issue and an inquiry about the group's intention to subscribe for its entitlement. On May 7, 2026, APAC RESOURCES executed a confirmation letter agreeing to subscribe for its full entitlement under the Tanami rights issue. The commitment is for 544 million shares in Tanami Gold, representing approximately 46.30% of the enlarged issued share capital of Tanami Gold post-rights issue. The total investment amounts to approximately A$32.64 million, excluding transaction costs, which equates to about A$0.06 per Tanami Gold share. Upon completion of the subscription, the group will hold a total of 1.088 billion shares in Tanami Gold, equivalent to approximately 46.30% of the enlarged issued share capital of Tanami Gold following the rights issue.