2 July 2024
Future Metals NL
Issue of Equity
Change of Registered Office Address
Future Metals NL ("Future Metals" or the "Company", ASX | AIM: FME) announces the issue of 2,500,000 new ordinary shares of no par value each in the Company ("Ordinary Shares") to Mr Jardee Kininmonth, a former Director of the Company, in lieu of director's fees payable as at 31 May 2024 (equal to approximately 3 months' salary at a deemed issue price of A$0.028 per Ordinary Share) (the "Director Fee Shares"), following the receipt of shareholder approval on 25 June 2024.
Related Party Transaction
Mr Kininmonth is a former director of the Company (within the last 12 months) and the issue of the Director Fee Shares is therefore deemed to be a related party transaction pursuant to Rule 13 of the AIM Rules for Companies. The board of directors consider, having consulted with Strand Hanson Limited in its capacity as the Company's nominated adviser, that the terms of the issue of the Director Fee Shares are fair and reasonable insofar as the shareholders of Future Metals are concerned.
Admission to trading on AIM and Total Voting Rights
Application has been made to the London Stock Exchange plc for the admission to trading on AIM of the Director Fee Shares, which is expected to take effect and dealings commence at 8.00 a.m. (BST) on or around 8 July 2024 ("Admission").
The number of Ordinary Shares in issue, and the total voting rights in the Company, on Admission, will be 575,040,495. This figure may be used by shareholders as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change of their interest in, the Company under the provisions of the Company's constitution.
Change of Registered Office Address
The Company also advises that, effective today, the Company's registered office and postal address has changed to:
Registered office
Level 3, 1060 Hay Street
West Perth WA 6005
Postal Address
PO Box 873
West Perth WA 6872
The contact telephone number has not changed.
This announcement is authorised for release by the Company Secretary of Future Metals NL.
ENDS
Further Information
For further information, please refer to the ASX platform under ASX code FME or visit the Company's website at www.future-metals.com.au.
Contacts:
| Future Metals NL | +61 8 9480 0414 |
| Patrick Walta | |
| Strand Hanson Limited (Nominated Adviser and UK Broker) | +44 (0) 207 409 3494 |
| James Bellman / Rob Patrick | |
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