REG - Capital Metals PLC - Issue of Equity and Warrants; Total Voting Rights

Capital MetalsAnnouncement

Tue 14:30

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RNS Number : 3414D  Capital Metals PLC  14 October 2025

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK
VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH
LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

14 October 2025

 

Capital Metals PLC

 

("Capital Metals" or the "Company")

 

Issue of Equity and Warrants

&

Total Voting Rights

 

Capital Metals (AIM: CMET), a mineral sands company approaching mine
development stage at the high-grade Taprobane Minerals Project in Sri Lanka
(the "Project"), has issued 638,029 Ordinary shares to Hannam & Partners
in consideration of commission and advisory fees at an issue price of 2.8610
pence per share (equal to £18,254) ("Fee Shares"), based on a combination of
the 30-day volume-weighted average price of the Company's shares and the
average issue price of shares to investors introduced by Hannam & Partners
on which commission is payable.

 

The Company also announces that it has issued 150,000 warrants to Hannam &
Partners. The warrants are exercisable at 2.75 pence per warrant after 12
months from the date of grant, are subject to certain conditions and expire
five years from the date of issue.

 

Admission and Total Voting Rights

 

Application has been made for the Fee Shares to be admitted to trading on AIM
("Admission"). It is expected that Admission will become effective and
dealings in the Fee Shares will commence at 8.00 a.m. on or around 20 October
2025. The Fee Shares will rank pari passu with the ordinary shares of the
Company in issue.

 

Following Admission, the Company's issued share capital will comprise
491,829,469 ordinary shares, each carrying one voting right. 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 share capital pursuant to (i) the
Company's Articles, (ii) the Financial Conduct Authority's Disclosure Guidance
and Transparency Rules and/or (iii) the AIM Rules for Companies issued by the
London Stock Exchange plc as amended from time to time.

 

For further information, please visit www.capitalmetals.com
(http://www.capitalmetals.com) or contact:

 

 Capital Metals plc                                      Via Vigo Consulting

 Greg Martyr (Executive Chairman)
 Vigo Consulting (Investor Relations)                    +44 (0)20 7390 0234


 Ben Simons / Peter Jacob                                capitalmetals@vigoconsulting.com (mailto:capitalmetals@vigoconsulting.com)
 Strand Hanson Limited (Nominated Adviser)               +44 (0) 20 7409 3494

 Ritchie Balmer / Christopher Raggett / David Asquith
 Hannam & Partners (Broker & Financial Adviser)          +44 (0)20 7907 8500
 Andrew Chubb / Leif Powis

 

About Capital Metals

 

Capital Metals is a UK company listed on the London Stock Exchange (AIM:
CMET). We are developing the Taprobane Minerals Project in Sri Lanka,
approximately 220km east of Colombo, containing industrial minerals including
ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade
mineral sands projects globally, with potential for further grade and resource
expansion. In 2022, a third-party Preliminary Economic Assessment provided a
Project NPV of US$155-235m based on existing resources, with further
identified optimisation potential. We are committed to applying modern mining
practices and bringing significant positive benefits to Sri Lanka and the
local community. We expect over 300 direct new jobs to be created and over
US$150m in direct government royalties and taxes to be paid.

 

Visit our website:

www.capitalmetals.com (http://www.capitalmetals.com)

 

Follow us on social media:

 

X: @MetalsCapital (https://twitter.com/MetalsCapital)

LinkedIn: @Capital Metals plc (https://uk.linkedin.com/company/capitalmetals)

 

 

 

 

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