Business
Notice of AGM and Proposed Return of Capital
Europa Metals Ltd will hold its Annual General Meeting on January 16, 2026, to seek shareholder approval for a capital return of approximately £1 million. This return is a consequence of the company becoming an 'AIM Rule 15 cash shell' after selling its Toral Zn-Pb-Ag Project and subsequently selling 4,962,500 Denarius shares for approximately £1,598,000. The company also announced a transaction to acquire Marula Africa Mining Holdings Limited. The capital return is expected to be completed by February 28, 2026, with payments anticipated around February 13, 2026. Disclaimer*
About this update from Europa Metals Limited
[{"type":"text","content":"\n\n\n\nEuropa Metals Ltd\n(Incorporated and registered in Australia and registered\nas an external company in the Republic of South Africa)\n(Registration number 4459850)\n(External company registration number 2011/116305/10)\nShare code on AIM: EUZ\nShare code on the JSE: EUZ\nISIN: AU0000090060\n(\"Europa Metals\" or the \"Company\")\n \nNotice of Annual General Meeting and Proposed Return of Capital\n \nEuropa Metals Ltd, (\"Europa\" or the \"Company\") advises that it will hold its postponed Annual General Meeting of its Shareholders at 11.00 a.m. (UK time) on Friday, 16 January 2026 at RPC, Tower Bridge House, St Katharine's Way, London E1W 1AA.\nThe Notice and the accompanying Explanatory Statement are being posted to Shareholders and should be read by Shareholders in their entirety. In addition, the Notice, including salient dates and times, can be viewed and downloaded from the Company's website via the following link:\nhttp://www.europametals.com/site/aim-rule-261/shareholder-communication\n \nThe Notice contains a resolution seeking Shareholder approval for a return of capital, as follows:\n \nThat approval is given for the purposes of Part 2J.1 of the Corporations Act, and for all other purposes, for the Company to reduce its Share capital by approximately £1 million by way of an equal capital reduction, on the terms and as described in the Explanatory Statement\n \nBackground\n \nOn 25 October 2024 Shareholders approved the sale of the Company's 100% interest in the Company's wholly owned subsidiary Europa Metals Iberia S.L., which held the Toral Zn-Pb-Ag Project in the Leon Province, Northern Spain to Denarius Metals Corp. The sale price was 7 million Denarius common shares (Denarius shares). Completion of the sale occurred on 13 November 2024, following which Europa Metals became an 'AIM Rule 15 cash shell'.\n \nDenarius is listed on the Cboe Canada (CA: DMET) and is subject to continuous disclosure obligations under Canadian law, which are materially similar to UK and Australian continuous disclosure obligations. Further information on Denarius including market announcements can be obtained from https://denariusmetals.com/investors/market-information/ \n \nThe Company has been selling its Denarius shares when appropriate to do so, with the proceeds us...