REG - Atlas Metals Group - Appointment of Financial Adviser and Sponsor

Atlas MetalsAnnouncement

28/10/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251028:nRSb0113Fa&default-theme=true

RNS Number : 0113F  Atlas Metals Group PLC  28 October 2025

28 October 2025

 

Atlas Metals Group plc

("Atlas Metals", the "Company" or together with its subsidiaries the "Group")

 

Appointment of Financial Adviser and Sponsor

 

Atlas Metals (LON: AMG), the natural resources and energy company, is pleased
to announce the appointment of Strand Hanson Limited ("Strand Hanson") as
Financial Adviser and Sponsor in connection with the proposed acquisition of
Universal Pozzolanic Silica Alumina Ltd ("UPSA") (the "Transaction").

 

The Transaction constitutes a reverse takeover pursuant to the listing rules
of the Financial Conduct Authority ("FCA") and the appointment of Strand
Hanson, an independent, advisory-led, modern merchant bank, regarded as a
leading mining advisory team, also supports Atlas Metals in this reverse
takeover and move from the equity shares (transition) category to the equity
shares (commercial companies) category of the Official List of the FCA and its
re-admission to trading on the main market for listed securities of London
Stock Exchange plc.

 

Chris Chadwick, Atlas Metals CEO commented:

 

"The appointment of Strand Hanson underscores the quality and strategic
importance of this transaction for Atlas Metals and the broader London market.
Further updates on the progress of the Transaction can be expected in due
course."

 

Background on UPSA

 

UPSA is a private company incorporated in England and Wales, formed in May
2023, with core teams in both Australia and the UK. UPSA has the rights to a
substantial pozzolanic silica alumina sand resource ("PSA") located in the
Yammacoona Sand Quarry (also known as the Warialda Quarry) approximately 12
kilometres south of Warialda, New South Wales, Australia, both as extracted
and as off-take, for a period of 99 years from June 2023, having acquired
those rights from Claystone International Pty Ltd ("Claystone International"),
an Australian proprietary company owned by Mr William Clift.  UPSA intends to
market that resource worldwide. The initial development application was
granted to Mr William Clift (both he and Claystone International being
shareholders of UPSA) on 15 April 1988, providing consent for extractive
industry activities on Lots 5, 6 and 7 in DP 264346 of the Yammacoona Sand
Quarry. UPSA and Claystone International will seek further development consent
(under the State Significant Development legislation) in respect of Lots 5, 6,
7 and 8 to increase production dramatically from the current 35,000 tonnes
annual extraction limit.

 

UPSA's Product

 

The use of pozzolanic volcanic ash as a super-binding additive in
concrete-mixing process has been known for over two millennia, as evidenced by
countless Roman structures that still stand today.

 

In a world increasingly committed to reduction of carbon emissions, the
construction industry is actively seeking solutions to make the built
environment more sustainable. 'Greening concrete' and the decarbonisation of
concrete has emerged as a major goal.

 

Concrete manufacturing is estimated to contribute up to 8% of global annual
CO₂ emissions. UPSA's PSA resource replaces approximately 40% of cement
concrete production leading to significant carbon emissions savings. This
enables governments and developers to construct strong, durable structures,
deploying PSA, designed to last for centuries rather than decades, with the
additional benefit of carbon credits once accredited and verified by a
designated agency. UPSA will market its PSA resource to clients for
sustainably constructing, designing, building, and operating projects to
minimise environmental impacts while maximising long-term structural benefits.

 

 

For further information, please contact:

 Atlas Metals Group plc:
 Christopher Chadwick             +44 (0) 207 796 9060
 Strand Hanson - Financial Adviser and Sponsor:
 Rory Murphy         +44 (0) 207 409 1761
 Abigail Wennington  +44 (0) 207 409 1761
 Edward Foulkes      +44 (0) 207 409 1761
 AlbR Capital Limited - Joint Broker:
 Lucy Williams       + 44 (0) 207 469 0930
 Duncan Vasey        + 44 (0) 207 469 0930
 S I Capital Limited - Joint Broker:
 Nick Emerson        +44 (0) 1483 413500
 IFC Advisory Limited - Financial PR and IR:
 Tim Metcalfe        +44 (0) 203 934 6630
 Florence Staton     +44 (0) 203 934 6630

 

Important Notice

 

Neither the content of the Company's website nor any website accessible by
hyperlinks on the Company's website is incorporated in, or forms part of, this
announcement.

 

This announcement contains statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the use of words such as "will", "expect", "could", "believe",
"intend", "should" and words of similar meaning. All statements other than
statements of historical facts included in this announcement, including those
regarding the Company's strategy, plans and objectives and the anticipated
Transaction are forward-looking statements. These statements are not fact and
readers are cautioned not to place undue reliance on such statements.
Forward-looking statements involve a number of known and unknown risks,
uncertainties and other factors, many of which are difficult to predict and
generally beyond the control of the Company and so may not occur. These
forward-looking statements speak only as of the date of this announcement.
Atlas Metals expressly disclaims any obligation or undertaking to update or
revise any forward-looking statement (except to the extent legally required).

 

Strand Hanson Limited ("Strand Hanson"), which is authorised and regulated in
the United Kingdom by the FCA, is acting exclusively for the Company  as
Sponsor and no one else in connection with the Transaction and it will not
regard any other person as a client in relation to the Transaction and will
not be responsible to anyone other than the Company  for providing the
protections afforded to its clients or for providing advice in relation to the
Transaction or any other transaction, matter, or arrangement referred to in
this announcement.

 

This announcement has been issued by, and is the sole responsibility of, the
Company. No representation or warranty, express or implied, is or will be made
as to, or in relation to, and no responsibility or liability is or will be
accepted by Strand Hanson or by any of its affiliates, partners, directors,
officers, employees, advisers or agents as to or in relation to, the accuracy
or completeness of this announcement or any other written or oral information
made available to or publicly available to any interested party or its
advisers, and any liability therefore is expressly disclaimed.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  APPPKOBDFBDDKKB



            Copyright 2019 Regulatory News Service, all rights reserved