TIDMTYM

RNS Number : 3826D

Tertiary Minerals PLC

28 June 2021

Tertiary Minerals plc

www.tertiaryminerals.com

("Tertiary" or the "Company")

28 June 2021

Kalkkinen Project

Further to the Company's announcement on 21January 2021 (the "Prior Announcement"), Tertiary Minerals plc announces that it has today been advised by Element-46 Ltd ("E46") that its Reservation Notice for an exploration permit (the "Licence Reservation") over the Kalkkinen Prospect in Finland has been cancelled on environmental grounds.

On the basis that the issue of E46 shares to the Company referred to in the Prior Announcement was contingent on the grant of the Licence Reservation, and the Company has been advised by E46 that the Licence Reservation was not granted, the Company will not be entitled to receive the E46 shares, and the future royalty interest referred to in the Prior Announcement will fall away.

ENQUIRIES

 
 Tertiary Minerals plc               Tel: +44 (0)1625 838 679 
  Patrick Cheetham, Executive 
  Chairman 
 S P Angel Corporate Finance         Tel: +44 (0)203 470 0470 
  LLP 
  Nominated Adviser & Joint Broker 
  Richard Morrison/Caroline Rowe 
                                    ------------------------- 
 Peterhouse Capital Limited          Tel: +44 (0)207 469 0930 
  Joint Broker 
  Lucy Williams/Duncan Vasey 
                                    ------------------------- 
 

Market Abuse Regulation

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

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END

MSCFLFIRRVITFIL

(END) Dow Jones Newswires

June 28, 2021 12:06 ET (16:06 GMT)

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