Metals One PLCLSE: MET1

New Broker Research on Metals One

· Issued by Metals One PLC via RNS

Summary by 6ix AI

Metals One, a gold- and uranium-focused metals project developer and investor, said on October 22, 2026 that its broker CREST Corporate Broking had published a research note on the company. The note followed Metals One's announcement the same day of its proposed acquisition of Lions Bay Resources (LBR).

Key details

  • Metals One says the transaction would make it a South Africa-focused gold and power business led by the former CEO of the country's largest gold producer.
  • The note assesses the proposed acquisition and LBR's South African gold and energy assets. It examines the planned restart of the Barbrook Gold Mine alongside the opportunities presented by the Karbochem Cogeneration Power Plant.
  • The note also covers the proposed transaction structure, development strategy, production forecasts and key milestones.
  • The note includes a rating and a share price target for Metals One, and eligible investors can view it on the Research Tree website.

What’s still pending

  • The acquisition of Lions Bay Resources is proposed and has not been completed.
  • The restart of the Barbrook Gold Mine is planned.

6ix AI wrote this summary from the release below and checked it against the release.

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22 October 2026

Metals One Plc

("Metals One" or the "Company")

New Broker Research on Metals One

Metals One (AIM: MET1, OTCQB: MTOPF), a critical and precious metals project developer and investor with a focus on gold and uranium, announces its broker CREST Corporate Broking has published a research note on the Company, following today's announcement of the proposed acquisition of Lions Bay Resources ("LBR") - a transaction which would position Metals One as a South Africa-focused gold and power business led by the former CEO of the country's largest gold producer

The research note provides a detailed assessment of the proposed acquisition and the significant value creation potential of LBR's South African gold and energy assets. The report examines the planned restart of the Barbrook Gold Mine alongside the opportunities presented by the Karbochem Cogeneration Power Plant. It also explores the proposed transaction structure, development strategy, production forecasts and key milestones, providing investors with valuable insight into the Company's growth prospects and valuation. CREST assigns Metals One a rating and a share price target

The note is available to view by eligible investors on the Research Tree website at the following link: https://www.research-tree.com/companies/uk/resources/metals-one-plc/MET1/LON#tab-research.

Enquiries:

Metals One Plc

Daniel Maling, Managing Director

info@metals-one.com

+44 (0)20 7981 2576

Spark Advisory Partners (Nominated Adviser)

James Keeshan / Andrew Emmott

+44 (0)20 3368 3550

Bowsprit Partners Limited (Strategic Adviser)

Luis Brime / John Treacy / James Sheehan

+44 (0)20 3883 4430

CREST Corporate Broking (Broker)

Jerry Keen

+44 (0)20 3973 3678

Vigo Consulting (Investor Relations)

Ben Simons / Fiona Hetherington / George Pope

IR.MetalsOne@vigoconsulting.com  

+44 (0)20 7390 0230

About Metals One

Metals One is a critical and precious metals project developer and investor with a focus on gold and uranium. Our core interests include a South African gold and energy platform, a brownfield gold/copper exploration project in Northern Peru, uranium exploration and tailings reprocessing opportunities in the USA, a gold exploration project in the USA, and AI metals exploration in Tanzania.

Metals One's shares are listed on the London Stock Exchange's AIM Market (MET1) and on the OTCQB Venture Market in the United States (MTOPF).

Map of Metals One core projects/investments

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