REG - European Metals Hldg - Update to the placement

European Metals HoldingsAnnouncement

Thu 09:15

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RNS Number : 9532P  European Metals Holdings Limited  22 January 2026

22 January 2026

European Metals Holdings Limited

("European Metals", "EMH", or "the Company")

Update to the placement

Further to the announcement made by European Metals Holdings Limited (ASX
& AIM: EMH, OTCQX: EMHXY/EMHLF) on 21 January 2026, the Company confirms
it has raised A$3,459,680 from new and existing high net worth and
institutional investors. As previously announced, the net proceeds will be
applied towards ongoing development of the Cinovec Lithium Project and general
working capital.

Capital Raise

The Company has raised gross proceeds of approximately A$3,459,680 via the
placing of 10,811,500 new ordinary shares ("New Ordinary Shares") at a price
of A$0.32 per New Ordinary Share.

The funds raised will be utilised for the ongoing development of the Cinovec
Lithium Project and general working capital.

The Placing price represents a discount of 13.5% to the last ASX-traded price
of A$0.37 on 20 January 2026. The New Ordinary Shares being issued represent
approximately 4.55% of the enlarged issued ordinary share capital of the
Company after Admission of the New Ordinary Shares.

Share Issue

The Company will issue 10,811,500 New Ordinary Shares utilising the Company's
existing shareholder authorities and placement capacity under ASX listing rule
7.1A in relation to the placement.

The Company has also issued 562,500 New Ordinary Shares in lieu of fees or
interest payable under a loan facility.

Settlement and dealings

Application has been made for 11,374,000 New Ordinary Shares to be admitted to
trading on ASX and AIM ("Admission") and it is expected that Admission will
become effective on or around 28 January 2026. The New Ordinary Shares will
rank pari passu with the Company's existing issued Ordinary Shares.

Total Voting Rights

Following Admission of the New Ordinary Shares, European Metals will have
237,568,705 Ordinary Shares in issue with voting rights attached. European
Metals holds no shares in treasury. The figure of 237,568,705, may be used by
shareholders in the Company 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, under the ASX Listing Rules or the
U.K. Financial Conduct Authority's Disclosure Guidance and Transparency Rules
("DTRs").

ENQUIRIES:

 

 European Metals Holdings Limited

 Keith Coughlan, Executive Chairman           Tel: +61 (0) 419 996 333

                                              Email: keith@europeanmet.com

 Kiran Morzaria, Non-Executive Director       Tel: +44 (0) 20 7440 0647

 Carly Terzanidis, Company Secretary          Tel: +61 8 6245 2050

                                              Email: cosec@europeanmet.com
 Zeus Capital Limited (Nomad & Broker)

 James Joyce / Darshan Patel/ Chris Wardley   Tel: +44 (0) 203 829 5000

 (Investment Banking)

 Harry Ansell (Broking)

 BlytheRay (Financial PR)                     Tel: +44 (0) 20 7138 3222

 Tim Blythe

 Megan Ray

 Chapter 1 Advisors (Financial PR - Aus)      Tel: +61 (0) 433 112 936

 David Tasker

 

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