Capricorn Metals Ltd. announced that it has repaid its residual $50 million corporate debt to Macquarie Bank Limited (Macquarie) prior to its 30 June 2025 maturity. In deciding to repay rather than roll forward the residual debt, the Capricorn board assessed the Company's funding needs for development of the Karlawinda Expansion Project and the Mt Gibson Gold Project. Given most recently reported cash and bullion holdings of $405 million (31 March 2025) and the current strong cash generation of the Karlawinda project, the Company is in a strong position to fund these exciting growth projects.