Mt Edwards Nickel Demerger Update

Neometals Ltd (ASX: NMT) (“Neometals” or “the Company”) is pleased to provide an update in relation to the proposed demerger of theCompany’s Mt Edwardsnickel project(“Mt Edwards Project”) into a dedicatedASX listed nickel exploration and development company to be called Widgie Nickel Limited (“Widgie Nickel”)(“Demerger”). Following receipt of the ASX in-principle approval for Widgie Nickel to list