Metals One PLC Publication of Investor Presentation

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 (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 [phone]
Beaumont Cornish Limited (Nominated Adviser) James Biddle / Roland Cornish www.beaumontcornish.com	[phone]
Shard Capital Partners LLP (Joint Broker) Damon Heath / Erik Woolgar	[phone]
SI Capital Limited (Joint Broker) Nick Emerson	[phone]
Capital Plus Partners Limited (Joint Broker) Keith Swann https://www.capplus.co.uk/	[phone]
Vigo Consulting (Investor Relations) Ben Simons / Kendall Hill [e-mail]	[phone]

 

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

 

Subscribe to 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.

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END

 

 

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