REG - Strategic Minerals - PCA Dealing

Strategic MineralsAnnouncement

18/08/2025 17:00

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RNS Number : 7821V  Strategic Minerals PLC  18 August 2025

 

Strategic Minerals plc

("Strategic Minerals", "SML" or the "Company")

PCA Dealing

Strategic Minerals plc (AIM: SML; USOTC: SMCDY), an international mineral
exploration and production company, announces that it has been notified that
Alexandra Manners, a person closely associated ("PCA") to Charles Manners, a
PDMR of Strategic Minerals, has today acquired 2,641,809 ordinary shares of
0.1p each in the Company ("Ordinary Shares") at a price of 0.30 pence per
Ordinary Share. The resultant beneficial shareholding of Mr Manners is
100,000,000 ordinary shares representing 4.26% of the Company's issued share
capital.

 

 

 

PDMR Notification

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                          Alexandra Manners

 2    Reason for the notification

 a)   Position/status                                               PCA of Charles Manners, Executive Chairman

 b)   Initial notification /Amendment

                                                                   Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name

                                                                   Strategic Minerals Plc

 b)   LEI

                                                                   213800DICA5NPVOJT776

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  ordinary shares of 0.1p each

      Identification code                                          ISIN: GB00B4W8PD74

 b)   Nature of the transaction

                                                                   Purchase of Ordinary Shares

 c)   Price(s) and volume(s)

Price(s)    Volume(s)
                                                                   0.30 pence  2,641,809

 

 d)   Aggregated information

      - Aggregated volume                                          N/A single transaction as per 4 c) above.

      - Price

 e)   Date of the transaction                                      18 August 2025

 f)   Place of the transaction                                     XLON

 

 

d)

 

Aggregated information

- Aggregated volume

N/A single transaction as per 4 c) above.

 

- Price

e)

 

Date of the transaction

 

 

18 August 2025

f)

 

Place of the transaction

 

 

XLON

 

 

 For further information, please contact:

 Strategic Minerals plc                                                   +44 (0) 207 389 7067
 Mark Burnett
 Executive Director
 Website:                 www.strategicminerals.net (http://www.strategicminerals.net)
 Email:                   info@strategicminerals.net (mailto:info@strategicminerals.net)

 Follow Strategic Minerals on:
 X:                       @SML_Minerals (https://twitter.com/SML_Minerals)
 LinkedIn:                https://www.linkedin.com/company/strategic-minerals-plc
                          (https://www.linkedin.com/company/strategic-minerals-plc)

 SP Angel Corporate Finance LLP                                           +44 (0) 20 3470 0470
 Nominated Adviser and Broker
 Matthew Johnson/Charlie Bouverat/Grant Barker

 Zeus Capital Limited                                                     +44 (0) 203 829 5000
 Joint Broker
 Harry Ansell/Katy Mitchell

 Vigo Consulting                                                          +44 (0) 207 390 0234
 Investor Relations
 Ben Simons/Peter Jacob/Anna Sutton
 Email:                   strategicminerals@vigoconsulting.com
                          (mailto:strategicminerals@vigoconsulting.com)

 

Notes to Editors

Strategic Minerals plc (AIM: SML; USOTC: SMCDY) is an AIM-quoted, producing
minerals company, actively developing strategic projects in the UK, United
States and Australia.

 

In 2019, the Company completed the 100% acquisition of Cornwall Resources
Limited and the Redmoor Tungsten-Tin-Copper Project.

 

The Redmoor Project is situated within the historically significant Tamar
Valley Mining District in Cornwall, United Kingdom, with a JORC (2012)
Compliant Inferred Mineral Resource Estimate published 14 February 2019:

 

 Cut-off (SnEq%)          Tonnage (Mt)  WO(3)  Sn    Cu    Sn Eq(1)  WO(3) Eq

                                        %      %     %     %         %
 >0.45 <0.65              1.50          0.18   0.21  0.30  0.58      0.41
 >0.65                    10.20         0.62   0.16  0.53  1.26      0.88
 Total Inferred Resource  11.70         0.56   0.16  0.50  1.17      0.82

 

(1) Equivalent metal calculation notes; Sn(Eq)% = Sn% x 1 + WO3% x 1.43 + Cu%
x 0.40. WO(3)(EQ)% = Sn% x 0.7 + WO(3) + Cu% x 0.28. Commodity price
assumptions: WO3 US$ 33,000/t, Sn US$ 22,000/t, Cu US$ 7,000/t. Recovery
assumptions: total WO3 recovery 72%, total Sn recovery 68% & total Cu
recovery 85% and payability assumptions of 81%, 90% and 90% respectively

More information on Cornwall Resources can be found at:
https://www.cornwallresources.com (https://www.cornwallresources.com)

In September 2011, Strategic Minerals acquired the distribution rights to the
Cobre magnetite project in New Mexico, USA, through its wholly owned
subsidiary Southern Minerals Group. Cobre has been in production since 2012
and continues to provide a sustainable revenue stream for the Company.

In March 2018, the Company acquired the Leigh Creek Copper Mine situated in
the copper rich belt of South Australia. The Company has entered into an
exclusive Call Option with South Pacific Mineral Investments Pty Ltd trading
as Cuprum Metals to acquire 100% of the project.

 

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