Announcement • Aug 16
Neo Energy Metals plc Announces Stepping Down of De Wet Schutte from Director Neo Energy Metals plc announced that by mutual agreement, De Wet Schutte had stepped down from his role as a director of the Company and had left the Group. Buy Or Sell Opportunity • Aug 07
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to €0.009. The fair value is estimated to be €0.012, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Jul 14
Now 21% undervalued Over the last 90 days, the stock has risen 109% to €0.011. The fair value is estimated to be €0.015, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Announcement • Jun 11
Neo Energy Metals Plc has filed a Follow-on Equity Offering in the amount of £1.485386 million. Neo Energy Metals Plc has filed a Follow-on Equity Offering in the amount of £1.485386 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 165,042,888
Price\Range: £0.009 Announcement • Jun 09
Neo Energy Metals plc Suspends CFO, De Wet Schutte Neo Energy Metals plc announced that the Company's Board had suspended its Chief Financial Officer, De Wet Schutte, while investigating potential misconduct. The misconduct allegation was not in respect to any financial mismanagement, impropriety or wrongdoing and the Company's financial position had not been impacted. Martin Westerman was appointed to oversee the Company's financial function from 08 June 2026. Board Change • May 20
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director Theo Botoulas is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Breakeven Date Change • May 20
Forecast to breakeven in 2027 The analyst covering Neo Energy Metals expects the company to break even for the first time. New forecast suggests the company will make a profit of UK£6.90m in 2027. Average annual earnings growth of 55% is required to achieve expected profit on schedule. Announcement • May 02
Neo Energy Metals Mining Right Application Accepted for Henkries Node Northern Cape South Africa Neo Energy Metals plc had its South African subsidiary, Desert Star Uranium (Pty) Ltd, receive formal notification from the Department of Mineral and Petroleum Resources, Northern Cape Region, that its application for a mining right in respect of the Henkries Node has been accepted for processing and evaluation. The application was made in terms of Section 22 of the Mineral and Petroleum Resources Development Act, 2002 (Act 28 of 2002), as amended, and the associated Environmental Authorisation in terms of the National Environmental Management Act, 1998 (Act 107 of 1998). The application covers the following farms in the Administrative District of Namaqualand, Northern Cape Province: Portion of the Remainder of Steinkopf No.22; Portion of the Remainder of Goodhouse No.23; Wolftoen No.48; Remainder and Portion 1 of Heiorigas No.49; Remainder, Portions 1 and 2 of Koisabes No.47; and Remainder and Portion 1 of Kabib No.50. The application is in respect of the following minerals: antimony, cobalt, copper, kieselguhr, lead, molybdenum, nickel, tin, uranium and zinc, consistent with the known polymetallic character of Henkries. Uranium is the primary target mineral. The DMPR notification, dated 17 April 2026, confirms that the application has been accepted and will be processed and evaluated. In terms of the Act, the Minister or his delegate is required to make a decision within 300 days from the date of acceptance. Acceptance of the application does not of itself confer the right to commence mining activities. As a condition of the acceptance, Desert Star is required, within 60 days, to submit documentation confirming its Black Economic Empowerment shareholding structure, in compliance with the minimum 30% BEE shareholding requirement applicable to new mining rights under the Act. Desert Star is also required to lodge a notice of intent to apply for a Water Use Licence with the Department of Water and Sanitation. The Company confirms that both requirements are in hand. The Henkries Uranium Project, to be known as The Henkries Node, is a near-surface, palaeochannel-hosted uranium deposit in the Northern Cape Province. Mineralisation occurs in unconsolidated sands from surface to a maximum depth of eight metres, requiring no drilling or blasting. JORC-compliant resources total 4.7Mlb of uranium at an average grade of 399ppm, with 25 kilometres of identified palaeochannel remaining undrilled on the licence. The process route - conventional acid leach to yellowcake - has been proven through an Anglo American pilot plant that processed more than 200 test pits at a cost of over $30 million. A 2024 Feasibility Study indicates annual production of approximately 580,000 pounds of uranium at a cash cost of approximately $33 per pound, with an NPV (8%) of $60 million and an IRR in excess of 25% at $85 per pound. Total initial capital requirement is approximately $65 million. The project remains economic at uranium prices as low as $45-50 per pound. A mining right application has been accepted by the DMPR Northern Cape. Announcement • Apr 24
Neo Energy Metals Plc, Annual General Meeting, May 18, 2026 Neo Energy Metals Plc, Annual General Meeting, May 18, 2026. Location: argyll, 1 cornhill, london ec3v 3nd United Kingdom Announcement • Mar 27
Neo Energy Metals plc Announces Updates on New Beisa and Henkries Projects Neo Energy Metals Plc announced a number of operational and corporate updates as it continues to progress development of the Company's strategy for development of the New Beisa Project. Executive Management is currently negotiating an Access to Site Agreement with Sibanye-Stillwater Limited to secure unrestricted access to the New Beisa Complex site, enabling certain preparatory work to commence, while the Section 11 approval process is being implemented. Security contractors have been engaged by the Company and are liaising directly with Sibanye-Stillwater's management. In parallel, mineral rights specialists appointed by the Company are working closely with Sibanye-Stillwater to support the smooth and successful implementation of the Section 11 process. The Company's security contractors have completed the requisite analyses in support of operational, regulatory and administrative requirements. The Company's executive management is engaging with insurers to ensure that the appropriate insurance cover is emplaced once ownership of the New Beisa mine transfers to the Company. The Company has also appointed R&R Quantity Surveyors, Project Managers and Contractors as project managers for the New Beisa Complex who are working closely with the Neo Executive Team. R&R, in consultation with the Company's executive management team, are in the process of appointing professionals and contractors with requisite mining engineering, process engineering, mechanical engineering, electrical engineering, environmental, health and safety, and tailings management expertise required to complete the Neo Implementation Assessment, with a view to achieving the targeted medium-term production timeline date of December 2027. The Sibanye-Stillwater Section 11 and Section 102 applications have been submitted to the Department of Mineral and Petroleum Resources, with the requisite approvals expected in May or June 2026. In terms of the Conditions Precedent contained in the relevant agreement, these approvals are required to be completed by 6 June 2026. In accordance with the contractual process, the second Section 11, being Neo's own application, will be submitted following approval of the Sibanye-Stillwater Section 11 application referred to above. The agreement requires this process to be completed by 6 December 2026. To support this process, the Company has appointed professional mineral rights consultants to ensure that Neo's documentation for the Section 11 application is properly prepared and in good order for immediate submission. Whilst the Section 11 process is under way, and in parallel with it, Executive Management is in the process of finalising a contracting agreement between Neo and Sibanye-Stillwater. This agreement is intended to provide Neo with immediate access to the site in order to commence certain on-site work and analyses required for the Implementation Assessment. This will enable the Company to undertake the necessary baseline work in support of its targeted medium-term production timeline of December 2027. As part of the Implementation Assessment, Neo is also in the process of updating its resource statements to reflect the improved operating environment and prices in the gold and uranium markets. These will be published once complete. A Mining Right application was submitted to the Department of Mineral and Petroleum Resources in February 2026, with the requisite approval expected by December 2026. This timeline is in accordance with the contractual agreement reached with Desert Star Uranium (Pty) Limited. The Company and its South African Subsidiaries, namely Neo Uranium Resources Beisa Mine (Pty) Limited and Neo Uranium Resources South Africa (Pty) Ltd. have continued to strengthen the uranium portfolio through conditional and conceptual agreements for the acquisitions of 100% interest in the Beisa North and Beisa South Uranium and Gold Projects and 100% interest in the New Beisa mine and shaft complex, the processing plant complex and associated infrastructure in the Witwatersrand Basin, located in the Free State Province of South Africa. The combined projects total SAMREC Code compliant resource base comprises 117 million pounds of U3O8 and over 5 million ounces of gold. Additionally, the Company holds up to a 70% stake in the Henkries Uranium Project located in South Africa's Northern Cape Province. The Company also entered into a conditional agreement for the acquisition of a 100% interest in the Henkries South Uranium Project, which is subject to renegotiation on improved terms for the Company. This acquisition would extend the Henkries Project's strike length by 10km to a total of 46km of shallow paleo-channels proven to host uranium mineralisation through extensive drilling and feasibility studies backed by USD 30 million in historic exploration and development expenditure. Announcement • Feb 07
Neo Energy Metals plc Announces the Appointment of De Wet Olivier Schutte as Director, Effective December 5, 2025 Neo Energy Metals Plc announced the appointment of Mr. De Wet Olivier Schutte as Director, effective December 5, 2025. Date of Birth: May 1971. Announcement • Jan 19
Neo Energy Metals Plc has filed a Follow-on Equity Offering in the amount of £8 million. Neo Energy Metals Plc has filed a Follow-on Equity Offering in the amount of £8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 277,777,777
Price\Range: £0.009
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 611,111,111
Price\Range: £0.009
Transaction Features: Subsequent Direct Listing Announcement • Jul 04
Neo Energy Metals plc Announces Resignation of Quinton Van Der Burgh as Board of Directors, Effective 3 July 2025 Neo Energy Metals Plc announced that Mr. Quinton van der Burgh has resigned from the board of directors with effect from 3 July 2025. 
