RNS Number : 4909O
Capital Metals PLC
03 December 2024
 

3 December 2024

 

Capital Metals PLC

 

("Capital Metals" or the "Company")

 

Notice of Investor Webcast

&

Updated Presentation

 

Capital Metals (AIM: CMET), a mineral sands company approaching mine development stage at the high-grade Eastern Minerals Project in Sri Lanka (the "Project"), will host a live webcast and Q&A with Executive Chairman, Greg Martyr, regarding the Company's reduced capex plan for Stage 1 production, leveraging the benefits of high grades for simpler mining.

 

The webcast will be conducted via Investor Meet Company on Friday, 6 December 2024 at 11 a.m. GMT. A recording of the webcast will be made available on the Company's website later that day.

 

Investors can sign up to Investor Meet Company for free and add Capital Metals in order to attend the webcast via:

 

https://www.investormeetcompany.com/capital-metals-plc/register-investor

 

Investors who already follow Capital Metals on the Investor Meet Company platform will automatically be invited. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9 a.m. on 5 December 2024, or at any time during the live presentation.

 

Mr Martyr is in London this week presenting at the Resourcing Tomorrow conference. A copy of the latest investor presentation that will be used, incorporating updates on the revised estimated Stage 1 capex, is now available on the Company's website at: https://capitalmetals.com/our-investor-relations/presentations/.

 

No material new financial or other information will be provided.

 

 For further information, please visit www.capitalmetals.com or contact:

Capital Metals plc

Greg Martyr (Executive Chairman)

Via Vigo Consulting

Vigo Consulting (Investor Relations)

Ben Simons / Peter Jacob

+44 (0)20 7390 0234

capitalmetals@vigoconsulting.com

SPARK Advisory Partners (Nominated Adviser)

Neil Baldwin / James Keeshan / Adam Dawes

+44 (0)20 3368 3550

Tavira Financial

Jonathan Evans / Oliver Stansfield

+44 (0)20 7100 5100

 

About Capital Metals

 

Capital Metals is a UK company listed on the London Stock Exchange (AIM: CMET). We are developing the Eastern Minerals Project in Sri Lanka, approximately 220km east of Colombo, containing industrial minerals including ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade mineral sands projects globally, with potential for further grade and resource expansion. In 2022, a third-party Preliminary Economic Assessment provided a Project NPV of US$155-235m based on existing resources, with further identified optimisation potential. We are committed to applying modern mining practices and bringing significant positive benefits to Sri Lanka and the local community. We expect over 300 direct new jobs to be created and over US$130m in direct government royalties and taxes to be paid.

 

Visit our website:

www.capitalmetals.com

 

Follow us on social media:

 

X (formerly Twitter): @MetalsCapital

LinkedIn: @Capital Metals plc

 

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