REG - Europa Metals Ltd - Partial disposal of Denarius Metals shares

Europa MetalsAnnouncement

23/04/2025 07:00

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RNS Number : 7228F  Europa Metals Ltd  23 April 2025

23 April 2025

Europa Metals Ltd

("Europa Metals", the "Company" or the "Group") (AIM, AltX: EUZ)

Partial disposal of Denarius Metals shares

Europa Metals, ("Europa" or the "Company"), advises that on 17 April 2025, the
Company sold 1.5 million of the shares it holds in Denarius Metals Corp, (Cboe
CA: DMET) (OTCQX: DNRSF) ("Denarius") at an average price of CAD$0.5569 per
share, netting CAD$826,945 (approx. £450,000). The proceeds of the sale will
be utilised for creditor payments, working capital, and towards assessing
opportunities.

 

Following the partial disposal, the Company retains 5.5 million Denarius
shares.

 

Over the coming weeks, management are considering the options for the Company
to deliver the best possible outcome for all shareholders and will update the
market in due course.

For further information on the Company, please visit www.europametals.com or
contact:

 

Europa Metals Ltd

Dan Smith, Non-Executive Director and Company Secretary (Australia)

T: +61 8 9486 4036

E: dsmith@europametals.com

Myles Campion, Executive Chairman and acting CEO (UK)

E: mcampion@europametals.com

 

Beaumont Cornish (Nominated Adviser/Broker)

James Biddle/Roland Cornish

T: +44 (0) 20 7628 3396

 

Questco Corporate Advisory Proprietary Limited (JSE Sponsor)

Danielle Christodoulou

T: +27 63 482 3802

 

 

Europa Metals Ltd is a company incorporated in Australia and limited by shares
which are publicly traded on the AIM market of the London Stock Exchange
(primary listing) and the AltX of the Johannesburg Stock Exchange (secondary
listing).

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law pursuant to
the European Union (Withdrawal) Act 2018, as amended.

 

Nominated Adviser

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

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