REG - Alien Metals Limited - Exercise of Warrants and Issue of Equity

Alien MetalsAnnouncement

08/05/2026 07:00

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RNS Number : 5835D  Alien Metals Limited  08 May 2026

 

8 May 2026

Alien Metals Limited

("Alien" or the "Company")

Exercise of Warrants and Issue of Equity
Alien Metals Limited (AIM: UFO), a minerals exploration and development company, announces that it has received notices of warrant exercise in respect of, in aggregate, 16,418,170 ordinary shares of no par value in the capital of the Company at an issue price of 0.12 pence per share ("New Ordinary Shares"), raising £19,701.80 for the Company.
Admission and Total Voting Rights
Application will be made to the London Stock Exchange for Admission of the 16,418,170  New Ordinary Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the New Ordinary Shares will commence at 8.00 a.m. on or around 13 May 2026.
The New Ordinary Shares will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.
Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 11,633,053,548 with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company's issued share capital pursuant to the Company's Articles.

For further information, please visit the Company's website at
www.alienmetals.uk (http://www.alienmetals.uk/) or contact:

Alien Metals Limited

Bruce Garlick

Email: ir@alienmetals.uk (mailto:ir@alienmetals.uk)

Strand Hanson (Financial and Nominated Adviser)

James Harris / James Dance / Edward Foulkes

Tel: +44 (0) 207 409 3494

Zeus Capital Limited (Joint Broker)

Harry Ansell / Katy Mitchell

Tel +44 (0) 203 829 5000

Turner Pope (Joint Broker)

Andy Thacker / Guy McDougall

Tel: +44 (0) 203 657 0050

IFC Advisory (Financial PR and Investor Relations)

Tim Metcalfe / Graham Herring / Zach Cohen

Tel: +44 (0) 203 934 6632

Notes to Editors

Alien Metals Ltd is a mining exploration and development company listed on the
AIM market of the London Stock Exchange (AIM: UFO). The Company follows a
balanced strategy of advancing and strengthening its asset portfolio through
targeted technical work and project development, while evaluating
partnerships, joint ventures, and selective monetisation opportunities that
are value-enhancing for shareholders. At the same time, Alien will continue to
consider opportunities to expand our asset base through carefully selected
acquisition opportunities which meet the Board's prudent criteria.

Alien's principal focus is the advancement and development of its 90%-owned
Hancock Iron Ore Project in the central Pilbara region of Western Australia.
The Hancock tenements contain a JORC-compliant resource of 8.4Mt at 60% Fe and
offer significant exploration upside, which is targeted to deliver a mining
operation of 2Mtpa for 10 years. The Project benefits from direct access to
the Great Northern Highway, providing a route to export facilities at Port
Hedland, one of the world's largest iron ore export hubs. Alien also holds
exploration interests in the Brockman and Vivash iron ore projects in the West
Pilbara.

Alien additionally retains exposure to two advanced precious and base metal
assets in the Pilbara. At Munni Munni, one of Australia's largest PGM systems
hosting a historic resource of 2.2Moz PGM (Palladium, Platinum, and Rhodium)
and gold, the Company has completed its partial asset sale and joint venture
transaction with GreenTech Metals Ltd, under which Alien has divested a 70%
interest in the Munni Munni tenements to GreenTech and Alien will retain a 30%
interest, free carried to the completion of a bankable feasibility study at
Munni Munni. Alien (via wholly owned subsidiary A.C.N. 643 478 371 Pty Ltd)
also retains a 30% interest in the Elizabeth Hill Silver Project through a
joint venture with Crest, which encompasses the Elizabeth Hill Mining Lease
M47/342, which has produced some of Australia's highest-grade silver ore
during the late 1990s. Alien retains a 30% interest in the Elizabeth Hill
Silver Project and additionally holds 30.5 million shares in West Coast Silver
Limited, providing both direct project exposure and equity participation in
ongoing development.

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