Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Fungai Ndoro was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Jan 15
Metals One plc Announces Application for EU Strategic Project Designation for Black Schist Ni-Cu-Co-Zn Project, Finland Metals One announced it has formally applied to the EU for Strategic Project designation for the Company's Black Schist Ni-Cu-Co-Zn Project in Finland. The application has been made pursuant to the Critical Raw Materials Act, which seeks to establish a framework for ensuring a secure and sustainable supply of critical raw materials. The Black Schist Project comprises the Rautavaara ("R1") and Paltamo ("P5") deposits in eastern Finland, near the regional mining centre of Sotkamo and supported by excellent transport and power infrastructure. Metals One holds 100% of the licences through its wholly owned subsidiary and acquired the project in 2023, commissioning CSA Global to prepare a Competent Persons Report, including a Mineral Resource Estimate for R1. The project is located within the economically significant Kainuu Schist Belt, which hosts Talvivaara-style black schist mineralisation - one of Europe's lowest-cost and most environmentally attractive sources of Ni-Zn-Co-Cu battery metals. On listing, Metals One secured low-risk exploration licences across the belt, including an existing JORC Inferred Resource of 28.1 Mt at R1 and a JORC Exploration Target of 16-25 Mt at P5. The Company's strategy focuses on rapidly growing resources by refining a geological and geophysical prospectivity model, expanding and upgrading R1 and P5 through drilling, and identifying new targets. In late 2023, an eight-hole, 1,548 m drill programme at the R1 Hook anomaly refined the model and highlighted potential resource extensions, with early results already guiding further target generation, including the K1 prospect at Korpimaki. For the purposes of designation under the Critical Raw Materials Act, the R1 deposit constitutes the Strategic Project core asset of the Black Schist Project. The designation is sought to support the advancement of R1 from Preliminary Economic Assessment ("PEA") to Pre-Feasibility Study ("PFS") and subsequent permitting, enabling near-term de-risking of EU-based extraction capacity for strategic raw materials, notably cobalt and copper, with nickel produced as a strategically relevant co-product. Basis for Prioritisation R1 has been prioritised based on the following PEA-supported factors: Demonstrated positive economics at PEA level, including a post-tax NPV at both 5% and 8% discount rates as announced on 31 January 2025; Established JORC-compliant Inferred Mineral Resource constrained by reasonable prospects for eventual economic extraction; Proximity to established Finnish processing infrastructure and technical precedent; Manageable environmental and permitting risks that are identifiable and capable of early mitigation; P5 is excluded from the initial Strategic Project scope and is considered a contingent, medium-term optional expansion subject to future optimisation and market conditions. Strategic Intent: Strategic Project designation is intended to: Support structured and coordinated permitting for the Rautavaara deposit; Facilitate engagement with EU institutions, Member State authorities and potential downstream counterparties; Enable access to EU-aligned de-risking, financing and technical assistance mechanisms; Preserve optionality for future expansion without diluting near-term strategic focus; Project Relevance; In 2023, global nickel production was reported to be over 3.3 Mt, an increase of over 10% from 2022, of which Indonesia and the Philippines account for over 60%. Given these relatively recent developments in the nickel market, producing the metal domestically within the EU becomes an ever more critical goal. The PEA highlights the opportunity for the Company's BlackSchist Project to make a meaningful contribution to the security of the EU's supply of this strategic material. お知らせ • Dec 05
Metals One PLC has filed a Follow-on Equity Offering in the amount of £4.4 million. Metals One PLC has filed a Follow-on Equity Offering in the amount of £4.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 220,000,000
Price\Range: £0.02
Transaction Features: Subsequent Direct Listing お知らせ • Nov 22
Metals One plc Provides an Update on the Planned Soil Sampling Programme At the Chikundo Copper-Lead-Zinc Volcanic Hosted Massive Sulphide Prospect Metals One announced that it is provided an update on the planned soil sampling programme at the Chikundo Copper-Lead-Zinc Volcanic Hosted Massive Sulphide ("VHMS") prospect, located within the Chilalo Project tenements in southeast Tanzania. Metals One owns approximately 16.9% of Evolution's issued share capital. Major copper-focused soil programme to commence 24th November 2025, advancing the emerging Chikundo VHMS copper system in Tanzania. Updated soil programme design now includes 1,558 samples planned across two priority grids covering the 1.6 km Chikundo copper corridor and the northeast anomaly. High-grade historical drilling by IMX confirms bedrock copper sulphides, including: 0.40m @ 5.27% Cu, 15.05 g/t Ag (NRD11-047); 6m @ 0.50% Cu, including 0.6m @ 1.35% Cu (NRD11-050); Recent Evolution sampling returned highly anomalous copper, including 5,340 ppm Cu from gossanous material southwest of the Malachite Pit; Visible chalcopyrite beneath malachite continues to reinforce the strength and continuity of copper at surface; New interpretation of regional VTEM data outlines a large volcanic caldera, a setting associated with multi-deposit VHMS districts globally with Chikundo positioned on its southern margin; Sampling expected to take 8-12 weeks, with results released as a single, integrated dataset; Programme designed to prioritise targets ahead of 2026 RC drilling. お知らせ • Oct 24
Metals One plc Accelerated First Production At Chilalo Project Metals One announced that Evolution Energy Minerals has announced that it has committed to an accelerated development schedule for its 84%-owned Chilalo Graphite Project in Tanzania, following constructive engagement with the Government of the United Republic of Tanzania and submission of an updated project implementation plan. Evolution also provided an update on the advancement of development and exploration activities across its Chilalo Graphite Project and Chikundo Copper Project. Evolution has announced a revised development timeline that brings forward first ore production to October 2027, representing a clear pathway to deliver one of Africa's most advanced undeveloped natural graphite projects. Metals One acquired its 16.9% stake in Evolution in September 2025 through a combination of market purchases and Rights Issue participation. お知らせ • Sep 05
Metals One PLC (AIM:MET1) acquired a 10.45% stake in Evolution Energy Minerals Limited (ASX:EV1) from Marvel Gold Limited (ASX:MVL) for AUD 0.42 million. Metals One PLC (AIM:MET1) acquired a 10.45% stake in Evolution Energy Minerals Limited (ASX:EV1) from Marvel Gold Limited (ASX:MVL) for AUD 0.42 million on September 3, 2025. In related transaction, Metals One will underwrite a portion of Evolution's announced Rights Issue at AUD 0.01 up to AUD 530,000 (approximately £257,000) (the "Underwriting") of the fully underwritten AUD 1.45 million total Rights Issue.
Beaumont Cornish Limited is nominated adviser of Metals One.
Metals One PLC (AIM:MET1) completed the acquisition of a 10.45% stake in Evolution Energy Minerals Limited (ASX:EV1) from Marvel Gold Limited (ASX:MVL) on September 3, 2025. お知らせ • Aug 13
Metals One PLC (AIM:MET1) acquired 75% stake in Standard Minerals Inc and Cisco Minerals Inc from Thor Energy Plc (AIM:THR). Metals One PLC (AIM:MET1) signed a letter of intent to acquire 75% stake in Standard Minerals Inc and Cisco Minerals Inc from Thor Energy Plc (AIM:THR) for £1.1 million on July 25, 2025. A cash consideration of £0.1 million will be paid by Metals One PLC. The consideration consists of common equity of Metals One PLC having a value of £1 million to be issued for common equity of Standard Minerals Inc and Cisco Minerals Inc. As part of consideration, £1.1 million is paid towards common equity of Standard Minerals Inc and Cisco Minerals Inc. Thor has also entered into an agreement to grant Met1 an exclusive 12-month option to acquire the remaining 25% interest in Standard and Cisco that it does not currently own
The proposed sale is subject to and conditional upon Met1 having conducted and being satisfied with legal, technical and financial due diligence on the USA subsidiaries of Thor and the Projects and all and any applicable and necessary consents, authorities or approvals required from any applicable statutory or quasi-statutory body regulating the mining industry in the USA consenting to the change of control of the Projects. The Board of Thor Energy Plc has approved this announcement. The parties will immediately move to agree and execute a full SPA as soon as practicable, expected to be completed by 31 August 2025
Metals One PLC (AIM:MET1) completed the acquisition of 75% stake in Standard Minerals Inc and Cisco Minerals Inc from Thor Energy Plc (AIM:THR) on August 13, 2025. The consideration consists of common equity 14,224,751 shares of Metals One PLC having a value of £1 million to be issued for common equity of Standard Minerals Inc and Cisco Minerals Inc. お知らせ • Jul 23
Metals One PLC (AIM:MET1) completed the acquisition of Uranium and vanadium exploration projects in the United States from 1491434 B.C. Ltd. Metals One PLC (AIM:MET1) signed a binding term sheet to acquire Uranium and vanadium exploration projects in the United States from 1491434 B.C. Ltd. for $0.3 million on April 24, 2025. Metals One PLC (AIM:MET1) executed a share purchase agreement to acquire Uranium and vanadium exploration projects in the United States from 1491434 B.C. Ltd. on May 1, 2025. The consideration payable to 1491434 B.C. Ltd. on completion of the conditional acquisition is $0.1 million in cash and the issue of 1,000,000 new ordinary shares in Metals One at a value per share equivalent to a 5% discount to the five-day volume weighted average price per ordinary share in Metals One for the five days immediately preceding the entering into of this term sheet, conditional on the claims having converted into exploration leases. 1491434 B.C. Ltd. has agreed to a 30-day exclusivity period in respect of the Conditional Acquisition and will be subject to a one-month lock-in in respect of the consideration Shares. As of July 2, 2025, the acquisition of Uravan Uranium-Vanadium Project is completed. The total consideration for the acquisition is $0.05 in cash and the issuance of 500,000 new ordinary shares in Metals One, representing half of the aggregate consideration due for the acquisitions of both Uravan and the Squaw Creek Uranium Project, Wyoming, with the latter also expected to complete soon. As of July 21, 2025, the acquisition of Squaw Creek Claims is completed.
The Conditional Acquisition will also be subject to and conditional upon: Metals One having conducted, and being reasonably satisfied with, legal, technical and financial due diligence on the Claims, Metals One and 1491434 B.C entering into a sale and purchase agreement in respect of the Conditional Acquisition, the execution by 1491434 B.C of a one-month lock-in agreement in respect of the Consideration Shares and all and any applicable and necessary consents, authorities or approvals required from any applicable statutory or quasi statutory body regulating the mining industry in Wyoming and Colorado consenting to the change of control of the Claims.
James Biddle and Roland Cornish of Beaumont Cornish Limited acted as nominated advisor to Metals One in the transaction. Nick Emerson of SI Capital Limited, Jonathan Critchley of Capital Plus Partners Limited acted as joint broker to Metals One. Ben Simons, Kendall Hill and Anna Stacey of Vigo Consulting and Fairfax Partners Inc acted as UK investor relations and North America investor relations advisors to Metals One.
Metals One PLC (AIM:MET1) completed the acquisition of Uranium and vanadium exploration projects in the United States from 1491434 B.C. Ltd. July 21, 2025. お知らせ • Jun 25
Metals One plc Provides Update on Phase 1 Exploration Activities at the Uravan Uranium-Vanadium Project in Colorado Metals One Plc provided a further update on Phase 1 exploration activities at the Uravan Uranium-Vanadium Project in Colorado which were initiated in May 2025. As previously announced, the Company has begun exploration work in anticipation of completion of the acquisition of Uravan, including award of the 10-year exploration leases, and will make a further announcement at that point. Completion of the acquisition remains subject to various conditions as outlined in the 24 April 2025 announcement. The Phase 1 exploration programme at Uravan has been significantly expanded to incorporate a wider review area, extending from an initial one-mile radius to three miles. This expansion is based on digital datasets from the U.S. Geological Survey ("USGS") and other archived exploration data accessed through the USGS Library in Colorado. As previously announced, the target formations, primarily the Morrison Formation, are known to host uranium-vanadium mineralisation within the Uravan Mineral Belt - the most productive uranium district in U.S. history. This exploration programme follows a similar approach to that at Squaw Creek noting the Company has engaged the same exploration consultants on both projects. Technical activities underway The ground-based geophysical survey utilising a Radiation Solutions RS-125 spectral scintillometer that was initiated in June is in progress across the current claim block and surrounding areas. To date, approximately 30km of grid lines have been completed, with further lines planned as part of a regional expansion strategy. Additional Phase 1 work includes: Reconnaissance prospecting; Detailed geological mapping of historic and structural features (adits, faults, joint sets, pits); Surface sampling of mine dumps and outcrops; Relocation and documentation of historical exploration features; Select grab samples, guided by mineralogy and radiometric anomalies, have now been submitted to American Assay Laboratories in Sparks, Nevada, for uranium and vanadium analysis. As previously announced on 4 June 2025, in addition to mineralisation in the Morrison Formation, historical USGS data suggests a potential second target within the Chinle Formation, located approximately 1,200 feet below surface. The Chinle Formation is recognised across the Colorado Plateau as a prolific uranium host and will be investigated further in future exploration phases. Uravan setting Uravan consists of 59 claims (490 ha) near the historic Buckhorn Mine, in the renowned Uravan Mineral Belt, historically the most productive uranium-vanadium mining district in the U.S. Previous surface sampling returned exceptionally high uranium grades, including assays up to 22,280 ppm uranium (2.23% U3O8) and significant vanadium values. Next steps The Phase 1 programme is designed to validate historical data and provide a modern geologic and geophysical baseline ahead of a potential Phase 2 drilling programme later in 2025. Further updates will be provided as results are received and compiled. お知らせ • Jun 19
Metals One plc Provides an Update on the Ongoing Phase 1 Exploration Programme at the Squaw Creek Uranium Project in Wyoming, United States Metals One Plc provided an update on the ongoing Phase 1 exploration programme at the Squaw Creek Uranium Project in Wyoming, United States. This update follows the Company's announcement on 22 May 2025, which confirmed the initiation of uranium exploration programmes across its North American portfolio. Completion of the acquisition of the Squaw Creek Uranium project in Wyoming and the Uravan Vanadium Project ("Uravan") in Colorado (together, the "Acquisition") remains subject to certain conditions as outlined in the 24 April 2025 announcement. The Company confirms that, further to the 24 April 2025 announcement, it has received all the respective County Claim numbers for the Uravan and Squaw Creek claims, and all claim documents were sent to the Bureau of Land Management ("BLM") in Wyoming and Colorado respectively in May 2025. The BLM claim documents for Colorado have now been processed and the Company expects the Wyoming BLM process to conclude shortly, after which the exploration leases can be granted. All other Acquisition documentation has been drafted and agreed in preparation for formal closing of the Acquisition per the above. Geophysical Surveys Underway: Grid-based geophysical surveying has commenced using the Radiation Solutions RS-125 spectral scintillometer, focusing on detecting radiation signatures across the Squaw Creek claim block. Historical Data Integration: A detailed review of historic water well and uranium exploration well data is in progress, identifying gamma ray signatures indicative of uranium mineralisation within and near the project area. Field Exploration Activities: Phase 1 activities will include geological mapping, reconnaissance prospecting, surface sampling of historic mine dumps, and relocation mapping of adits and other workings, aimed at validating and expanding historical exploration data. Regional Expansion Strategy: A broader regional survey is planned to assess potential claim expansion opportunities, which includes extending geophysical survey lines and assessing adjacent target areas outside the current claim boundary. Strategic Location: Squaw Creek is situated within Wyoming's Shirley Basin, a premier uranium district known for ISR-amenable uranium mineralisation, and is located in proximity to TerraPower's Natrium advanced reactor project. Project Background - Squaw Creek Uranium Project Squaw Creek comprises 53 unpatented mining claims (approximately 430 hectares) in one of Wyoming's most prolific uranium-producing regions. Historical gamma ray well logs in the area report significant uranium values of 1,500 CPS at a depth of 330 feet, suggesting potential for ISR-compatible mineralisation. The Project's location near historic production sites and emerging next-generation nuclear infrastructure highlights its relevance to the U.S. clean energy transition and domestic uranium supply objectives. Next Steps The Phase 1 programme is designed to generate accurate, modern data to inform the design of a follow-on Phase 2 exploration campaign targeted for late 2025. The Company looks forward to providing further technical updates as exploration advances. お知らせ • Jun 05
Metals One plc Provides Updates from Phase 1 Uranium Exploration Programme, USA Further to the 22 May 2025 announcement of the initiation of Phase 1 uranium exploration in the USA, Metals One provided updates from the Uravan Uranium-Vanadium Project in Colorado. As previously announced, the Company has agreed to begin exploration work in anticipation of completion of the acquisition of Uravan, including award of the 10-year exploration leases, and will make a further announcement at that point. Completion of the acquisition remains subject to various conditions as outlined in the 24 April 2025 announcement. The first stage of field activity, which is being led by a contract geologist, followed the collection of digital data that is available online for the property and surrounding area within a one-mile radius, including visiting the US Geological Survey Library in Colorado. The Morrison Formation hosts the uranium and vanadium in the Uravan area. The geologist has started with mapping the basal layer of the Salt Wash Member of the Morrison Formation. The mapping will include faults, joint-sets, historic drill holes, adits, pits, prospects and roads. The Chinle formation is famous for holding some of the largest uranium deposits in the Colorado Plateau. A geophysical survey was initiated with a set line and interval spacing using a radiation solution spectral scintillometer. Grab samples were then collected based on the mineralogy and scintillometer readings and are expected in due course to be sent for analysis with American Assay located in Nevada. Additional work on a regional survey for potential expansion of the current claim block would include extending geophysical lines, onsite exploration for potential ground, and research outside of the current claim block. Uravan consists of 59 claims (490 ha) near the historic Buckhorn Mine, in the renowned Uravan Mineral Belt, historically the most productive uranium-vanadium mining district in the U.S. Previous surface sampling returned exceptionally high uranium grades, including assays up to 22,280 ppm uranium (2.23% U3O8) and significant vanadium values. The Company is pleased to provide a selection of images from the first stage of fieldwork.