REG - Metals One PLC - Publication of Investor Presentation

Metals OneAnnouncement

19/06/2024 07:00

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RNS Number : 9524S  Metals One PLC  19 June 2024

 

19 June 2024

 

Metals One Plc

("Metals One" or the "Company")

 

Publication of Investor Presentation

 

Metals One (https://metals-one.com/)  (AIM: MET1), which is advancing
strategic metals projects in Finland and Norway, announces the publication of
an updated investor presentation (the "Presentation") on the Company's
website. The Presentation includes, inter alia, an indicative roadmap to
unlocking value at Metals One's Black Schist Ni-Zn-Cu-Co Project in Finland,
as shown below.

 

2024 (Assaying & Scoping Study)

·    Resource estimate update

·    Scoping study

·    Maiden external reporting of forecast project NPV

 

2025 (Resource Drilling & Pre-Feasibility Study)

·    Potential EU strategic project recognition (EU mandated fast-tracking
for strategic projects)

·    Resource drilling

·    Environmental studies

·    Targeting pre-feasibility study

 

2026-2027 (Permitting & Feasibility Study)

·    Resource drilling

·    Mine permitting

·    Targeting definitive feasibility study

 

2028 (Construction)

·    Secure project financing - debt/royalty

·    Final investment decision

 

2029 (Production)

 

Investors are encouraged to view the Presentation via the following link:
https://metals-one.com/investors/#financial-reports-&-presentation
(https://metals-one.com/investors/#financial-reports-&-presentation) .

 

Enquiries:

 

 Metals One Plc                                             via Vigo Consulting

 Jonathan Owen, Chief Executive Officer                     +44 (0)20 7390 0234

 Beaumont Cornish Limited (Nominated Adviser)               +44 (0)20 7628 3396

 James Biddle / Roland Cornish

 www.beaumontcornish.com (http://www.beaumontcornish.com)

 Shard Capital Partners LLP (Joint Broker)                  +44 (0)20 7186 9952

 Damon Heath / Erik Woolgar

 SI Capital Limited (Joint Broker)                          +44 (0)14 8341 3500

 Nick Emerson

 Capital Plus Partners Limited (Joint Broker)               +44 (0)20 3821 6169

 Keith Swann

 https://www.capplus.co.uk/ (https://www.capplus.co.uk/)

 Vigo Consulting (Investor Relations)                       +44 (0)20 7390 0234

 Ben Simons / Kendall Hill

 metalsone@vigoconsulting.com

 

About Metals One

 

Metals One is developing strategic battery metals projects in Finland (Black
Schist Project) and Norway (SRH Råna Project), with approximately £9 million
of exploration carry exposure through a farm-in agreement. Metals One is
aiming to help meet the significant critical minerals by defining resources on
the doorstep of Europe's major electric vehicle OEMs and battery
manufacturers. Metals One's Black Schist Project in Finland, totalling 706
km(2) across three licence areas, has an Inferred Resource of 28.1 Mt
nickel-zinc-copper-cobalt and is located adjacent to Talvivaara, Europe's
largest operating nickel mine. Metals One's fully carried SRH Råna Project in
Norway covers 18.14 km² across three contiguous exploration licences, with
significant opportunity for brownfield exploration of the Råna intrusion, and
proven potential for massive sulphide nickel-cobalt-copper mineralisation.

 

Follow us on social media:

 

LinkedIn: https://www.linkedin.com/company/metals-one-plc/
(https://www.linkedin.com/company/metals-one-plc/)

X (Twitter): https://twitter.com/metals_one_PLC
(https://twitter.com/metals_one_PLC)

 

Subscribe to our news alert service on the Investors page of our website at:
www.metals-one.com (http://www.metals-one.com)

 

Market Abuse Regulation (MAR) Disclosure

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of the Market Abuse Regulations (EU) No. 596/2014 which forms
part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018
('MAR').

 

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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