REG - Technology Minerals - Completed Sale of Leinster Project

Technology MineralsAnnouncement

25/03/2025 07:15

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RNS Number : 9590B  Technology Minerals PLC  25 March 2025

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now considered to be in the public domain.

 

25 March 2025

 

Technology Minerals Plc

("Technology Minerals" or the "Company")

 

Completed Sale of Leinster Project

 

Technology Minerals Plc (LSE: TM1), the UK's pioneering firm in establishing a
circular economy for battery metals, is pleased to announce that, further it
its announcement on 4 February 2024, it has now completed the sale of its
interest in exploration licences in Leinster, Republic of Ireland, to European
Lithium Limited (ASX: EUR, FRA: PF8, OTC: EULIF) ("European Lithium") (the
"Transaction").

 

As a result of completing the Transaction, the Company confirms receipt of
861,833 shares, following settlements with other parties, that were previously
held by European Lithium in Critical Metals Corp (Nasdaq: CRML) ("CRML").

 

Alex Stanbury, CEO of Technology Minerals, said: "This marks the successful
completion of the Transaction with European Lithium for our Leinster Lithium
Project licenses in Ireland. The transaction reinforces our strategy to
identify and advance early-stage projects up the value curve, and attracting
interest from potential buyers and partners, in-turn delivering value for the
Company and our shareholders."

 

Enquiries

 

 Technology Minerals Plc
 Robin Brundle, Executive Chairman             c/o +44 (0)20 4582 3500

 Alexander Stanbury, Chief Executive Officer

 Oberon Investments Limited (Brokers)
 Nick Lovering, Adam Pollock                   +44 (0)20 3179 5300

 Gracechurch Group (Financial PR)
 Harry Chathli, Alexis Gore, Rebecca Scott     +44 (0)20 4582 3500

 

Technology Minerals Plc

 

Technology Minerals is developing the UK's first listed, sustainable circular
economy for battery metals, using cutting-edge technology to recycle, recover,
and re-use battery technologies for a renewable energy future. Technology
Minerals is focused on raw material exploration required for Li-ion batteries,
whilst solving the ecological issue of spent Li-ion batteries, by recycling
them for re-use by battery manufacturers. Further information on Technology
Minerals is available at  www.technologyminerals.co.uk
(http://www.technologyminerals.co.uk/) .

 

 

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