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*

Jubilee Metals Group PlcJanuary 6, 20265
Receipt of US$10 million in funds from SA sale

About this update from Jubilee Metals Group Plc

Jubilee Metals Group Plc Registration number (4459850) AIM share code: JLP Altx share code: JBL ISIN: GB0031852162 ('Jubilee' or 'Company' or 'Group')   Dissemination 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. Receipt of US$10 million in funds from SA sale Jubilee, 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 ' ). For 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 .   AGM Q&A Ahead 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] .       6 January 2026   For further information visit  www.jubileemetalsgroup.com , follow Jubilee on X (@Jubilee_Metals) or contact: Jubilee Metals Group PLC  Leon Coetzer (CEO)/Jonathan Morley-Kirk (FD) Tel: +27 (0) 11 465 1913 / Tel: +44 (0) 7797 775546   Nominated Adviser - SPARK Advisory Partners Limited  Andrew Emmott/James Keeshan  Tel: +44 (0) 20 3368 3555    PR & IR Adviser - Tavistock  Jos Simson/Gareth Tredway Tel: +44 (0) 207 920 3150    Joint Broker - Zeus Capital Harry Ansell/Katy Mitchell   Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618    Joint Broker - Shard Capital Partners LLP Erik Woolgar/Gareth Burchell Tel +44 (0) 207 1869900    JSE Sponsor - Questco Corporate Advisory Proprietary Limited  Alison McLaren Tel: +27 63 482 3802   Financial Advisor to the transaction Absa Corporate and Investment Bank, a division of Absa Bank Limited Craig Brewer Tel: +27 83 303 0980      

View stock analysis, news, and events for Jubilee Metals Group Plc

More from Jubilee Metals Group Plc

All Jubilee Metals Group Plc news →