REG - Fulcrum Metals PLC - Issue of Equity

Fulcrum MetalsAnnouncement

17/12/2024 07:00

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RNS Number : 2872Q  Fulcrum Metals PLC  17 December 2024

Fulcrum Metals plc / EPIC: FMET / Market: AIM / Sector: Mining

 

17 December 2024

 

 

Fulcrum Metals plc

("Fulcrum" or the "Company" or the "Group")

 

Issue of Equity in lieu of Cash to Service Provider

 

 

Fulcrum Metals plc (LON: FMET), a company focused on mineral exploration and
development in Canada, announces that it has issued 240,000 ordinary shares of
1 pence each in the Company (the "New Shares") to a service provider in lieu
of cash payment.

 

Application has been made for the admission of the 240,000 new ordinary shares
to trading on AIM ("Admission"). The New Shares will rank pari passu with the
existing ordinary shares and it is expected that Admission will become
effective at 8.00 a.m. on 20 December 2024.

 

Following Admission, the Company's issued share capital will consist
of 61,825,943 ordinary shares with voting rights.  The Company does not
hold any ordinary shares in treasury. This figure of 61,825,943 may be used
by shareholders in the Company as the denominator for the calculations by
which they will determine if they require to notify their interest in, or a
change to their interest in, the share capital of the Company under the UK
Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

 

For further information please contact:

 Fulcrum Metals PLC
 Ryan Mee (Chief Executive Officer)           Via St Brides Partners Limited

 Allenby Capital Limited (Nominated adviser)
 Nick Athanas / George Payne                  Tel: +44 (0) 203 328 5656

 Clear Capital Markets Limited (Broker)
 Bob Roberts                                  Tel: +44 (0) 203 869 6081

 St Brides Partners Ltd (Financial PR)
 Ana Ribeiro / Paul Dulieu                    Tel: +44 (0) 20 7236 1177

 

 

 

Notes to Editors

 

FULCRUM METALS - BACKGROUND

 

Fulcrum Metals PLC (LON: FMET) is an AIM quoted exploration and development
company which finances and manages exploration projects focused on Canada,
widely recognised as a top mining jurisdiction. Fulcrum's ambition is to
create an environmentally friendly and sustainable tailings and mine waste
business, driving mining change through combining low discovery risk assets
and jurisdictions with transformative technology capable of near-term cash
flow whilst capitalising on a portfolio of highly prospective exploration
assets.

 

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