RCS - Capital Metals PLC - Presentation

Capital MetalsAnnouncement

25/05/2022 08:31

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RNS Number : 6727M  Capital Metals PLC  25 May 2022

25 May 2022

Capital Metals plc

 

("CMET" or the "Company")

Presentation

 

Capital Metals plc (AIM:CMET), a company developing the Eastern Minerals
Project in Sri Lanka (the "Project"), one of the highest-grade mineral sands
projects globally, announces that an updated corporate presentation, following
the recently announced independent Development Study and Preliminary Economic
Assessment of the Project which demonstrated exceptional economics, can now be
found on the Company's website via the link below:

https://capitalmetals.com/our-investor-relations/presentations/
(https://capitalmetals.com/our-investor-relations/presentations/)

For further information, please visit www.capitalmetals.com or contact:

 Capital Metals plc                           Via Vigo Consulting

 Michael Frayne (CEO)

 James Mahony (CFO)
 Vigo Consulting (Investor Relations)         +44 (0)20 7390 0234

 Ben Simons / Oliver Clark                    capitalmetals@vigoconsulting.com
 SPARK Advisory Partners (Nominated Adviser)  +44 (0)20 3368 3554

 Neil Baldwin / James Keeshan
 WH Ireland Limited (Joint Broker)            +44 (0)20 7220 1666

 Harry Ansell / Katy Mitchell
 Tavira Securities Limited (Joint Broker)     +44 (0)20 7100 5100

 Jonathan Evans / Oliver Stansfield

 

About Capital Metals plc

Capital Metals is developing the Eastern Minerals Project in the Eastern
Province of Sri Lanka, approximately 220km east of Colombo. The Eastern
Minerals Project is one of the highest-grade mineral sands projects globally,
with a current JORC Resource of 17.2Mt with an average grade of 17.6% Total
Heavy Minerals, and potential for resource extension. Our goal is to become a
high margin producer of mineral sands for the international market, with a
commitment to applying best-in-class mining practices and bringing significant
positive benefits to Sri Lanka and the local community with over 300 direct
new jobs to be created and over US$100m in direct government royalties and
taxes.

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