MET1 Metals One Plc

TIDMMET1

RNS Number : 1582Z

Metals One PLC

10 January 2024

10 January 2024

Metals One Plc

("Metals One" or the "Company")

Appointment of Joint Broker

Metals One (AIM: MET1), which is advancing battery metal projects at brownfield sites in Finland and Norway, is pleased to announce the appointment of Fortified Securities as Joint Broker to the Company with immediate effect.

Enquiries:

 
 Metals One Plc                             via Vigo Consulting 
  Jonathan Owen, Chief Executive Officer     +44 (0)20 7390 0234 
 
 Beaumont Cornish Limited (Nominated 
  Adviser) 
  James Biddle / Roland Cornish 
  www.beaumontcornish.com                   +44 (0)20 7628 3396 
 
 Shard Capital Partners LLP (Joint 
  Broker) 
  Damon Heath / Erik Woolgar                +44 (0)20 7186 9952 
 
 SI Capital Limited (Joint Broker) 
  Nick Emerson                              +44 (0)14 8341 3500 
 
 Fortified Securities (Joint Broker) 
  Guy Wheatley, CFA 
  www.fortifiedsecurities.com               +44 (0)20 3411 7773 
 
 Vigo Consulting (Investor Relations) 
  Ben Simons / Kendall Hill 
  metalsone@vigoconsulting.com              +44 (0)20 7390 0234 
 

About Metals One

Metals One is developing brownfield battery metals projects in Finland (Black Schist Project) and Norway (SRH Råna Project), with approximately GBP9 million of exploration carry exposure through farm-in agreements. Metals One is aiming to help meet the significant demand for battery metals by defining resources on the doorstep of Europe's major electric vehicle OEMs and battery manufacturers. Metals One's Black Schist Project in Finland, totalling 706 km(2) across three licence areas, has an Inferred Resource of 28.1 Mt nickel-zinc-cobalt-copper and is located adjacent to Talvivaara, Europe's largest operating nickel mine. Metals One's fully carried SRH Råna Project in Norway covers 18.14 km(2) across three contiguous exploration licences, with significant opportunity for brownfield exploration of the Råna intrusion, and proven potential for massive sulphide nickel-cobalt-copper mineralisation.

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Nominated Adviser

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

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(END) Dow Jones Newswires

January 10, 2024 02:00 ET (07:00 GMT)

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