Business
Receipt of US$10 million in funds from SA sale
Jubilee Metals Group Plc has received a US$10 million cash instalment from Chrome One, representing the second payment following the sale of its South African Chrome and PGM Operations. This receipt is part of the agreement outlined in the circular released on 12 August 2025. The company is also inviting investors to submit questions via email ahead of its Annual General Meeting scheduled for 14 January 2026. Disclaimer*
About this update from Jubilee Metals Group Plc
[{"type":"text","content":"\n\nJubilee Metals Group Plc\nRegistration number (4459850)\nAIM share code: JLP\nAltx share code: JBL\nISIN: GB0031852162\n('Jubilee' or 'Company' or 'Group')\n \nDissemination of a Regulatory Announcement that contains inside information according to UK Market Abuse Regulations. Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.\nReceipt of US$10 million in funds from SA sale\nJubilee, the Zambia copper focused producer, is pleased to announce that, following completion of the sale of its South African Chrome and PGM Operations, the Company has now received the second cash instalment of US$10 million from Chrome One as outlined in the circular released on 12 August 2025 ('Circular').\nFor details on the proposed use of proceeds and a schedule of further payments under the agreement, please refer to the Circular available at the following link: https://jubileemetalsgroup.com/wp-content/uploads/2025/08/Proposed-disposal-of-the-South-African-Chrome-and-PGM-Operations.pdf.\n \nAGM Q&A\nAhead of the upcoming Annual General Meeting on 14 January 2026, management would like to provide the opportunity for investors to submit questions ahead of the meeting via email to the following address: [email protected].\n \n \n6 January 2026\n \nFor further information visit www.jubileemetalsgroup.com, follow Jubilee on X (@Jubilee_Metals) or contact:\nJubilee Metals Group PLC \nLeon Coetzer (CEO)/Jonathan Morley-Kirk (FD)\nTel: +27 (0) 11 465 1913 / Tel: +44 (0) 7797 775546\n \nNominated Adviser - SPARK Advisory Partners Limited \nAndrew Emmott/James Keeshan \nTel: +44 (0) 20 3368 3555 \n \nPR & IR Adviser - Tavistock \nJos Simson/Gareth Tredway\nTel: +44 (0) 207 920 3150 \n \nJoint Broker - Zeus Capital\nHarry Ansell/Katy Mitchell \nTel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618 \n \nJoint Broker - Shard Capital Partners LLP\nErik Woolgar/Gareth Burchell\nTel +44 (0) 207 1869900 \n \nJSE Sponsor - Questco Corporate Advisory Proprietary Limited \nAlison McLaren\nTel: +27 63 482 3802\n \nFinancial Advisor to the transaction\nAbsa Co...