Strategic Minerals - PCA Dealing

Strategic Minerals

18/08/2025 16:50

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

 

 

For further information, please contact:
Strategic Minerals plc
+44 (0) 207 389 7067
Mark Burnett
Executive Director
Website:
www.strategicminerals.net
Email:
info@strategicminerals.net
Follow Strategic Minerals on:
X:
@SML_Minerals
LinkedIn:
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


 

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)
WO3
%
Sn
%
Cu
%
Sn Eq1
%
WO3 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. WO3(EQ)% = Sn% x 0.7 + WO3 + 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

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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