19 June 2024
Metals One Plc
("Metals One" or the
"Company")
Publication of Investor Presentation
Metals
One (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.
Enquiries:
|
Metals One
Plc
Jonathan Owen, Chief Executive
Officer
|
via Vigo Consulting
+44 (0)20 7390 0234
|
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Beaumont
Cornish Limited (Nominated Adviser)
James Biddle / Roland Cornish
www.beaumontcornish.com
|
+44 (0)20 7628 3396
|
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Shard Capital
Partners LLP (Joint Broker)
Damon Heath / Erik Woolgar
|
+44 (0)20 7186 9952
|
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SI Capital
Limited (Joint Broker)
Nick Emerson
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+44 (0)14 8341 3500
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Capital Plus
Partners Limited (Joint Broker)
Keith Swann
https://www.capplus.co.uk/
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+44 (0)20 3821 6169
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Vigo
Consulting (Investor Relations)
Ben Simons / Kendall Hill
metalsone@vigoconsulting.com
|
+44 (0)20 7390 0234
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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 km2 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/
X (Twitter): https://twitter.com/metals_one_PLC
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our news alert service on the Investors page of our website
at: 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.