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 Jonathan Owen, Chief Executive Officer | via Vigo Consulting +44 (0)20 7390 0234 |
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| Beaumont Cornish Limited (Nominated Adviser) James Biddle / Roland Cornish | +44 (0)20 7628 3396 |
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| Shard Capital Partners LLP (Joint Broker) Damon Heath / Erik Woolgar | +44 (0)20 7186 9952
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| SI Capital Limited (Joint Broker) Nick Emerson | +44 (0)14 8341 3500 |
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| Fortified Securities (Joint Broker) Guy Wheatley, CFA | +44 (0)20 3411 7773 |
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| Vigo Consulting (Investor Relations) Ben Simons / Kendall Hill metalsone@vigoconsulting.com | +44 (0)20 7390 0234
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About Metals One
Metals One is developing brownfield battery metals projects in Finland (Black Schist Project) and Norway (SRH Råna Project), with approximately £9 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 km2 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 km² 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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