REG - Neo Energy Metals - NEO to Complete Fast-Track Listing on the JSE

Neo Energy MetalsAnnouncement

Mon 15:45

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RNS Number : 0391P  Neo Energy Metals PLC  30 June 2025

Neo Energy Metals plc / LSE: NEO, A2X: NEO / Market: Main Market of the London
Stock Exchange

 

30 June 2025

Neo Energy Metals plc

('Neo Energy' or 'the Company')

 

NEO to Complete Fast-Track Listing on the Johannesburg Stock Exchange (JSE)

Neo Energy, the near-term, low-cost uranium developer, is pleased to
announce that it is progressing a Fast Track Secondary Listing on the
Johannesburg Stock Exchange (JSE), Africa's leading stock exchange.

The move is part of the Company's broader growth and capital markets strategy
to enhance liquidity, broaden its shareholder base, and increase visibility
amongst African and international investors. The listing will also position
Neo Energy more strategically as it advances its uranium projects in Southern
Africa.

Neo Energy intends to leverage the fast-track listing route available to
companies already listed on the London Stock Exchange. The Company has engaged
experienced advisors in South Africa to expedite the listing process, with
completion targeted for Q3 2025.

The JSE is the largest and most liquid stock exchange on the African
continent, and is home to both local and global companies. The JSE has an
average daily traded value over ZAR23 billion (c. GBP 1 billion) and operates
on a solid foundation of liquid, robust and well-regulated markets.

It has 50 listed mining companies, of which 33 are dual listed. The basic
material sector on the JSE has a market capitalisation of over ZAR5 trillion,
which represents 32% of the overall JSE market capitalisation.

Neo Energy Metals Chief Executive Officer Theo Botoulas said:

"Listing on the JSE marks a significant step for Neo Energy as we continue to
align ourselves with key African capital markets. The fast-track listing will
not only enhance our exposure to South African institutional and retail
investors but also strengthen our positioning as we advance our uranium
development plans on the continent".

END

About NEO Energy Metals Plc

Neo Energy Metals plc is a uranium developer and mining company listed on the
main market of the London Stock Exchange (LSE: NEO).

The company and its South African subsidiaries, namely Neo Uranium Resources
Beisa Mine (Pty) Limited and Neo Uranium Resources South Africa (Pty)
Ltd, have continued to strengthen the uranium portfolio through conditional
agreements for the acquisitions of 100% interest in the Beisa North
and Beisa South Uranium and Gold Projects and 100% interest in the Beatrix
4 mine and shaft complex, the processing plant complex and associated
infrastructure in the Witwatersrand Basin, located in the Free State Province
of South Africa. The combined projects' total SAMREC Code compliant resource
base comprises 117 million pounds of U₃O₈ and over 5 million ounces of
gold.

Additionally, the Company holds up to a 70% stake in the Henkries Uranium
Project, an advanced, low-cost mine located in South Africa's Northern Cape
Province and a 100% interest in the Henkries South Uranium Project,
extending the Henkries Project's strike length by 10km to a total of 46km of
shallow paleo-channels proven to host uranium mineralisation through extensive
drilling and feasibility studies backed by US$30 million in historic
exploration and development expenditure.

The Company is led by a proven board and management team with experience in
uranium and mineral project development in Southern Africa. Neo Energy's
strategy focuses on an accelerated development and production approach to
generate cash flow from Henkries while planning for long-term exploration and
portfolio growth in the highly prospective uranium district of Africa.

The Company's shares are also listed on the A2X Markets (A2X: NEO), an
independent South African stock exchange, to expand its investor base and
facilitate strategic acquisitions of uranium projects, particularly within
South Africa.

For enquiries contact:

 Jason Brewer                Executive Chairman                      jason@neoenergymetals.com
 Theo Botoulas               Chief Executive Officer                 theo@neoenergymetals.com
 Faith Kinyanjui             Investor Relations                      faith@neoenergymetals.com
 Michelle Krastanov          Corporate Advisor - AcaciaCap Advisors  michelle@acaciacap.co.za

 Tel: +27 (0) 11 480 8500

 James Duncan                Media Relations                         james@jmdwrite.com

 Tel: +27 (0) 79 336 4010

 

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