•THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) ("UK MAR").
Fulcrum Metals plc / EPIC: FMET / Market: AIM / Sector: Mining
8 September 2025
Fulcrum Metals plc
("Fulcrum" or the "Company" or the "Group")
Issue of service provider warrants
Fulcrum Metals plc (AIM:FMET), a company pioneering the use of innovative technology to recover precious metals from mine waste, announces the issue of warrants to an investor relations service provider that has recently been engaged by the Company.
A total of 1,250,000 warrants have been issued to a marketing and communication service provider to subscribe for ordinary shares of the Company at an exercise price of 5 pence per share (the "Warrants"). The Warrants are exercisable for a period of three months from the date of issue and shall expire on the second anniversary of the date from which they become exercisable (being 4 December 2027).
Following the issue of the Warrants, there are a total of 35,292,033 warrants in issue equivalent to 28.9% of the current issued share capital of the Company.
For further information please visit https://fulcrummetals.com/ or contact:
|
Fulcrum Metals PLC |
|
|
Ryan Mee (Chief Executive Officer) |
Via St Brides Partners Limited |
|
Allenby Capital Limited (Nominated adviser) |
|
|
Nick Athanas / Daniel Dearden-Williams |
Tel: +44 (0) 203 328 5656 |
|
Clear Capital Markets Limited (Broker) |
|
|
Bob Roberts |
Tel: +44 (0) 203 869 6081 |
|
St Brides Partners Ltd (Financial PR) |
|
|
Ana Ribeiro / Paul Dulieu |
Tel: +44 (0) 20 7236 1177 |
Notes to Editors
About Fulcrum Metals PLC
Fulcrum Metals PLC (AIM: FMET) is an AIM listed technology led natural resources company focused on recovery of precious metals from mine tailings (previously milled and processed ore) in Canada using environmentally friendly leaching technology developed by Extrakt Process Solutions LLC and its associates (together "Extrakt"). The Company's projects are the tailing sites of the former Teck-Hughes and Sylvanite gold mines, located at the Kirkland Lake region in Ontario. In addition, the Company has interests in a portfolio of highly prospective mineral exploration and development projects in both Ontario and Saskatchewan Canada.
Fulcrum has an exclusive Master Licence Agreement ("MLA") for the rights to Extrakt's proven cyanide free technology on gold mine waste sites over the mining districts of Timmins and Kirkland Lake. These are two of Canada's biggest gold camps with historical gold production of over 110Moz over the past 100 years with more than 70 documented legacy mine waste sites. This presents Fulcrum with the opportunity to develop into a significant environmentally friendly gold producing entity.