Announcement • Apr 17
Technology Minerals plc Announces Appointment of Nick Bridle and Mick Cataldo as Non-Executive Directors, Effective April 15, 2026 Technology Minerals Plc announces the appointments of Nick Bridle and Mick Cataldo as Non-Executive Directors to the Board of Directors, with immediate effect. Nick has almost two decades of experience in various roles within the U.K. military, with a long track record of successfully managing complex undertakings in austere and high-risk markets across Africa and the Middle East. Following his army career, Nick founded, led, scaled and sold Belstone Dart International Limited, a risk management, communications and logistics company. An MBA qualified executive, he is currently CEO of Praetorian Global Services Ltd, delivering expeditionary services globally, and a founder of Mantle Sovereign Ventures Ltd, a national sovereignty and resilience initiative. Mick served for 24 years in the British Army, including senior operational and planning roles within specialist National Mission Units, and continues to serve as an Officer in the UK Reserves. He has transitioned into the private sector, founding and scaling ventures at the intersection of defence, national security, and innovation. In particular, Churchill House Holdings Ltd. which specialises in developing sovereign capability ecosystems, aligning public and private investment to accelerate critical technologies and national resilience. Mick specialises in translating frontline operational insight into strategic delivery, enabling organizations to build sovereign capability, resilience and mission-ready outcomes. Nick and Mick's experience developing critical resilience of manufacturing and supply chains in the defence sphere will be integral in helping the Board to further develop the Company's portfolio, identify additional expansion opportunities within the establishment of the circular economy and aid the Company in its mission to drive resilience in the domestic supply of critical metals. Board Change • Apr 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Non-Executive Director Nick Kounoupias was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Oct 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£2.89m market cap, or US$3.89m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). New Risk • Mar 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£2.21m market cap, or US$2.85m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). New Risk • Feb 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (59% average weekly change). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£2.67m market cap, or US$3.30m). Announcement • Jan 17
Technology Minerals Plc has completed a Follow-on Equity Offering in the amount of £0.25 million. Technology Minerals Plc has completed a Follow-on Equity Offering in the amount of £0.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 250,000,000
Price\Range: £0.001 Board Change • Dec 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Nick Kounoupias was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 10
Technology Minerals Plc, Annual General Meeting, Dec 30, 2024 Technology Minerals Plc, Annual General Meeting, Dec 30, 2024. Location: courthouse hotel london, 19-21 great marlborough st, london w1f 7hl United Kingdom Announcement • Nov 27
European Lithium Limited (ASX:EUR) completed the acquistion of LRH Resources Limited from Technology Minerals Plc (LSE:TM1). European Lithium Limited (ASX:EUR) entered into a binding agreement to acquire LRH Resources Limited from Technology Minerals Plc (LSE:TM1) for $10 million on April 22, 2024. Consideration of $10 million to be settled through the transfer to Technology Minerals of $10million worth of shares held by European Lithium in Critical Metals Corp (Nasdaq: CRML). LRH Resources, that holds the rights, title and interest in the Leinster Lithium Project in Ireland. The Consideration Shares will be locked in and held in escrow until 28 February 2025. That the Consideration Shares will be subject to voluntary escrow for a period of 12 months from the date of issue of the Consideration Shares. The completion of legal and technical due diligence by the Company by 30, April 2024 or such later date as mutually agreed between the Parties in writing to the sole satisfaction of the Company and the Company obtaining any necessary third-party approvals or consents to complete the transaction.
European Lithium Limited (ASX:EUR) completed the acquisition of LRH Resources Limited from Technology Minerals Plc (LSE:TM1) on November 25, 2024. Under the terms of the Acquisition, TM1 will sell to European Lithium the entire issued share capital of LRHR. The Acquisition is to be settled through the transfer of 1,371,742 shares held by European Lithium in Critical Metals Corp. New Risk • Oct 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (UK£1.99m market cap, or US$2.59m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (19% increase in shares outstanding). Announcement • Sep 26
Technology Minerals plc Announces Chief Technical Officer Changes Technology Minerals Plc announced that Wilson Robb, Chief Technical Officer, has resigned and steps down from the board with immediate effect. Lester Kemp, Chief Operating Officer, will fulfil the roles and responsibilities previously held by Mr. Robb. Announcement • Sep 13
Technology Minerals plc Announces Resignation of Philip Beard as an Independent Non-Executive Director and as Chairman of the Remuneration Committee Technology Minerals Plc announced that Philip Beard has agreed to step down as an Independent Non-Executive Director and Chairman of the Remuneration Committee immediately. The future composition of the Board and its committees will be reviewed and the appointment of a new Chair of the Remuneration Committee will be announced in due course. Announcement • Apr 24
European Lithium Limited (ASX:EUR) entered into a binding agreement to acquire LRH Resources Limited from Technology Minerals Plc (LSE:TM1) for $10 million. European Lithium Limited (ASX:EUR) entered into a binding agreement to acquire LRH Resources Limited from Technology Minerals Plc (LSE:TM1) for $10 million on April 22, 2024. Consideration of $10 million to be settled through the transfer to Technology Minerals of $10million worth of shares held by European Lithium in Critical Metals Corp (Nasdaq: CRML). LRH Resources, that holds the rights, title and interest in the Leinster Lithium Project in Ireland. The Consideration Shares will be locked in and held in escrow until 28 February 2025. That the Consideration Shares will be subject to voluntary escrow for a period of 12 months from the date of issue of the Consideration Shares. The completion of legal and technical due diligence by the Company by 30, April 2024 or such later date as mutually agreed between the Parties in writing to the sole satisfaction of the Company and the Company obtaining any necessary third-party approvals or consents to complete the transaction. Announcement • Feb 23
Technology Minerals Plc (LSE:TM1) acquired Onshore Energy Limited from Chris Cleverly. Technology Minerals Plc (LSE:TM1) acquired Onshore Energy Limited from Chris Cleverly on November 17, 2021.Technology Minerals Plc (LSE:TM1) completed the acquisition of Onshore Energy Limited from Chris Cleverly on November 17, 2021. Announcement • Jan 08
Technology Minerals Plc announced that it expects to receive £5 million in funding from Clg Capital LLC Technology Minerals Plc entered into a convertible bond facility agreement with CLG Capital LLC for gross proceeds of up to £5 million floating rate 24-month convertible bonds on January 8, 2024. The convertible bonds are subject to a 40 day lock up period after issue before they may be converted into ordinary shares in the company, such conversion to be at a price of 95% of the average of the Volume Weighted Average Price of the shares on three trading days during the 10 consecutive trading days immediately prior to the receipt by the company of the relevant conversion notice. The company will pay a fee of 3% of the aggregate principal amount of each tranche of convertible bonds issued on the issue date. The company will initially draw down two tranches totaling £1 million. Announcement • Oct 31
Technology Minerals Plc, Annual General Meeting, Dec 19, 2023 Technology Minerals Plc, Annual General Meeting, Dec 19, 2023, at 11:30 Coordinated Universal Time. Location: LiBatt Recycling Ltd ("LiBatt"), Lincoln St Wolverhampton WV10 0DX Wolverhampton United Kingdom Announcement • Sep 28
Technology Minerals plc Completes Commissioning Phase At Li-Ion Battery Recycling Plant Technology Minerals Plc announced its 48.25% owned battery recycling business, Recyclus Group Ltd. ("Recyclus"), has successfully completed the commissioning phase at the UK's first industrial scale lithium-ion ("Li-ion") battery recycling facility in Wolverhampton, West Midlands. As part of completing the commissioning phase, Recyclus installed bulk liquid nitrogen tanks and the company has also received the first fill of liquid nitrogen, which facilitates continuous processing at the plant. Recyclus is now focussing on ramping up Li-ion battery processing through the plant to achieve a run rate of 8,300 tonnes per annum based on a single shift and has a permit to expand this to process up to 22,000 tonnes per annum. The plant processes end-of-life Li-ion batteries to produce black mass, which contains critical battery metals that can be reprocessed and sold back into the battery supply chain, in addition to other saleable materials. Announcement • Sep 07
Technology Minerals Plc announced that it has received £0.7 million in funding Technology Minerals Plc announced a private placement of convertible loan notes and 70,000,000 warrants to subscribe for ordinary shares at an exercise price of £0.02 per share with an exercise period of two calendar years from the date of this agreement for the gross proceeds of £700,000 on September 7, 2023. The convertible loan notes carry a coupon of 12% for a term of twelve months from issue and are convertible into ordinary shares at £0.014 per ordinary share. The transaction included participation from returning investor. New Risk • Aug 20
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (UK£18.9m market cap, or US$24.1m). Announcement • Jul 25
Technology Minerals plc Announces Commissioning Phase Progressing on Schedule Technology Minerals Plc announced its 48.25% owned battery recycling business, Recyclus Group Ltd. continues to make good progress through the commissioning phase at the UK's first industrial scale lithium-ion battery recycling facility in Wolverhampton, West Midlands. The commissioning phase is advancing on schedule with the plant steadily increasing its hours of operation as it builds up to continuous operations. Furthermore, the facility has passed comprehensive inspections conducted by all relevant agencies, ensuring the uninterrupted continuation of operations without any delays. The plant has a permit to process up to 22,000 tonnes of Li-ion batteries per annum and Recyclus expects that 8,300 tonnes will be processed in the first year, utilising a single shift pattern of labour during the standard working week. The plant processes end-of-life Li-ion batteries to produce black mass, which contains critical battery metals that can be reprocessed and sold back into the battery supply chain. Announcement • Jul 07
Technology Minerals Plc announced that it has received £0.5 million in funding Technology Minerals Plc announced a private placement of convertible unsecured loan notes for the gross proceeds of £500,000 on July 6, 2023. The Convertible Loan Notes carry a coupon of 6% per annum for a term of six months from issue and are convertible into Ordinary Shares at 1.8 pence per Ordinary Share. Announcement • Jul 04
Technology Minerals plc Commissioning Phase to Commence at Li-Ion Battery Recycling Plant Technology Minerals Plc announced its 48.25% owned battery recycling business, Recyclus Group Ltd. ("Recyclus"), will be initiating the commissioning phase at the UK's first industrial scale lithium-ion ("Li-ion") battery recycling facility in Wolverhampton, West Midlands. During the commissioning phase, the plant will be operational for certain periods of time while any emissions are carefully monitored and recorded. Providing the emissions continue to be within approved levels, the number of processing hours will be extended until the facility reaches continuous operation. In the commissioning phase, the first end-of-life Li-ion batteries will be fed into the plant to produce black mass. Black mass contains critical battery metals that can be reprocessed and sold back into the battery supply chain. Recyclus anticipates the receipt of gate fees for collection and storage of Li-ion batteries, and from the sale of black mass, produced from the recycling process. In April 2023, Recyclus secured an Environment Agency ("EA") permit that allows the company a daily storage limit of 140 m3 (c.100 tonnes) of Li-ion batteries on site and to process up to 22,000 tonnes of Li-ion batteries per annum. Recyclus expects that 8,300 tonnes will be processed in the first year, utilising a single shift pattern of labour during the standard working week. Annual capacity can be increased through additional shifts, with the expectation that the plant will be able to process up to 22, million tonnes of Li-ion battery per annum. The aim is for Recyclus to increase its processing capability through the construction of four more Li-ion recycling plants in the UK. In January 2023, McKinsey Battery Insights team conducted a study that projected that the entire Li-ion battery chain, from mining through recycling, could grow by over 30% annually from 2022 to 2030, when it would reach a value of more than $400 billion and a market size of 4.7 TWh. Announcement • Jan 19
Technology Minerals plc Provides Exploration Update on the Leinster Project Technology Minerals Plc announced results from detailed lithogeochemical sampling has yielded high-grade spodumene pegmatite samples in float ranging up to 3.75% lithium oxide ("Li2O") at Prospecting Licence Area in County Carlow, Republic of Ireland. Highlights: Assay results are reported for the first stage of detailed lithogeochemical sampling at the Knockeen and Carriglead target areas on the Company's Leinster Lithium Project; A total of 56 rock samples are reported, all of which were analysed at ALS Laboratories in Ireland; Two prospects are reported at: o Knockeen: Out of a total of 56 samples, 41 samples graded above 1% Li2O, of which 20 graded above 2% Li2O and of which two graded above 3% Li2O (Sample AES 63003 - 3.63% Li2O and Sample AES 63033 - 3.75% Li2O) and Carriglead: Out of a total of 10 samples, six samples graded above 1% Li2O of which one sample analysed above 2% Li2O (sample AES63504 - 2.09% Li2O); The programme of intensive prospecting has consolidated the extent of the spodumene pegmatite boulder train at surface as well as significantly enhancing the resolution of the dispersion zone; The known extent of the boulder train is now over 1km in length from NE to SW and 0.5km from NW to SE and is still open in all directions at Knockeen and Carriglead; and the ongoing work is helping to refine specific areas for targeted drilling. The licence, which was awarded to Technology Minerals' wholly owned subsidiary LRH Resources Limited on 22 March 2022, forms part of the Company's Leinster Property exploration block, which is operated under an exclusive Option and Earn-in agreement with Global Battery Metals Ltd. with no project expenditure required by the Company. Field Exploration Programme Update: The current phase of detailed exploration work is centred on an area where a forty-year-old historical company report described a trench excavated at Knockeen Townlands on PLA 1597 which uncovered in bedrock, a 1.8m wide spodumene-bearing pegmatite vein. However no detailed laboratory assays or geological maps of the trench were reported at that time. Historical prospecting around the trench also reported the occurrence of up to 10 large boulders of spodumene-bearing pegmatite at surface. The current exploration programme carried out under LRH Resources management by Aurum Exploration Services Limited included an initial reconnaissance in July 2022 totalling six samples followed by a more detailed prospecting and lithogeochemical survey on two areas at Knockeen and Carriglead Townlands in December 2022 and totalling 56 samples. Preliminary Reconnaissance July 2022: Two areas at Knockeen and Carriglead Townlands were targeted with an initial reconnaissance visit in July 2022. Six samples were collected during a site visit and included four at Knockeen and two at Carriglead. Analytical results confirmed the presence of the historically reported spodumene pegmatite boulder train and returned very significant grades of Li2O in all samples. These results have been reported previously but are reproduced here for continuity. Follow Up Detailed Prospecting and Lithogeochemistry: In December 2022, an extensive prospecting and lithogeochemistry survey was completed covering the two areas identified during the reconnaissance programme. A total of 56 samples were collected at Knockeen and 10 at Carriglead. The results were highly encouraging with coherent boulder trains of spodumene-bearing lithium pegmatites mapped out across the prospects. Announcement • Jan 11
Technology Minerals Plc Appoints Nick Pickard as Head of Research and Development Technology Minerals Plc announced that its 49% owned battery recycling business, Recyclus Group Ltd, has appointed Nick Pickard as Head of Research and Development, effective from 3 January 2023. Nick has more than 30 years' experience designing, manufacturing and servicing recycling machinery. He has worked with some of the largest mining corporate partners across Europe, Australia, South Africa, India and the UKin the design and build ofshredding, crushing and size reducing mining systems. Examples include Osborn GmbH, Kawasaki Heavy Industries Limited, Krupp Fördertechnik GmbH, Böhringer Group and Meta Nikel Kobalt A.S. More recently, Nick has designed and developed turnkey solutions for a full range of battery recycling systems for both lead-acid and lithium-ion andled the design and build of Recyclus' lithium-ion battery recycling plant. His knowledge and expertise in this field will help to further develop Recyclus' recycling machinery and its applications. During his career, Nick has developed a range of heavy-duty recycling machinery and systems, covering various materials including tyres, mattresses, plastics, commercial waste, glass, ferrous and non-ferrous metals. Previously,Nick designed a semi-mobile weapons destruction systemfor use in Kosovo following the Balkan conflict. The machine recycles and separates the materials for reuse in agricultural equipment including ploughs, tools and other items to help rebuild war-torn communities. Announcement • Nov 26
Technology Minerals Plc, Annual General Meeting, Dec 19, 2022 Technology Minerals Plc, Annual General Meeting, Dec 19, 2022, at 15:30 Coordinated Universal Time. Location: the Courthouse Hotel London 19-21 Great Marlborough Street London United Kingdom Announcement • Nov 23
Technology Minerals plc Announces Update on the Asturmet Cu-Co-Ni Project, NW Spain Technology Minerals Plc announced initial results from a lithogeochemical programme and targeting studies at its 100%-owned Aramo Copper-Cobalt-Nickel ("Cu-Co-Ni") Project in Asturias, NW Spain. Grab sampling across multiple mineralized veins and alteration zones have confirmed the style and tenor of mineralisation and have reported assays ranging up to 1% - 28% copper, 0.1 - 1.88% cobalt and 0.1 - 1.68% nickel. Lithogeochemical sampling was completed within four accessible working levels at the historic Aramo Cu-Co-Ni mine in Asturias. A total of 205 rock samples have been collected and analysed at ALS Laboratories, Loughrea, Ireland. This work has formed the basis of a broad characterisation study of extensive zones of alteration and mineralisation which are present and clearly observed within parts of Levels 3 and 4 of the mine. A 3D laser survey has also been completed at the Aramo Mine on the historical Levels 3 and 4. This will provide a 3D model framework of the mine workings and allow for systematic and more intensive underground mapping and sampling on these levels. This work will lead to a better understanding of the geological and mineralogical model at Aramo, and in turn form the basis of 3D visual planning for diamond drilling targeting unmined mineralization as well as extensions to the main zones. Mine archive searches have produced targeting data associated with areas outside of the Aramo mine on the St. Patrick Licence as well as targets associated with several other of the Company's pending licence applications. The Company holds 100% of the Aramo Project through its 100% wholly-owned subsidiary, LRH Resources Limited ("LRHR"), and LRHR's 100% wholly-owned subsidiary Asturmet Recursós S.L. ("Asturmet"). The Asturmet Project consists of eight exploration permits or P.I. (Permiso del Investigación): St. Patrick (P.I. 30858), St. Andrew (P.I. 30869), St. David (P.I. 30870), Astur A (P.I. 30864), Astur B (P.I. 30865), Astur C (P.I. 30866) and Astur D (P.I. 30868) along with new application Astur F (P.I. 30880). The licences cover a total area of approximately 535km2. The St. Patrick licence (which covers the historic Aramo Mine), was issued to Asturmet in June 2018. The remaining licences are in the application process with the Spanish Mining Administration, with St. Andrew and St. David licences in the final stages of issuance. A total of 205 samples have been collected during a series of underground sampling programmes. These samples were collected as part of a preliminary mapping and lithogeochemical characterisation study to help determine the distribution and nature of the alteration and mineralisation within different parts of the accessible mine. At this time the most accessible and safest access is on Levels 3 and 4 (155 samples) with restricted access on Level 1 and 2 (46 samples). The Socavon at level 0 (4 samples) does not show significant alteration or mineralisation being positioned within the footwall of the system. Board Change • Nov 16
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. 5 non-independent directors. Director & CFO James Cable was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 15
Technology Minerals plc Announces Update on Exploration Campaign At Leinster Project Technology Minerals Plc to announced field exploration work is advancing on schedule on the North-West Leinster Lithium Project, with a particular focus on Prospecting Licence Area ("PLA") 1597. Field geochemical exploration programme advancing on schedule. The first target area in the vicinity of the historical spodumene bearing trench at Knockeen East is being targeted by a closely spaced deep overburden sampling programme. The area is also undergoing intensive prospecting which is consolidating the extent of the spodumene pegmatite boulder train as well as significantly enhancing the resolution of the dispersion zone and therefore the target potential drill target areas. A total of 46 rock samples and 233 deep overburden samples along with 13 QAQC samples have been collected to-date and submitted to ALS Laboratories for analysis. Deep overburden sampling and prospecting is continuing across the survey grid area, and will migrate to the second target area at Carriglead in due course. This work is being carried out to help determine specific areas for follow up drilling. The current phase of detailed exploration work is centred on an where a forty-year-old historical report described a trench excavated at Knockeen Townland on PLA 1597 as having uncovered in bedrock, a 1.8m wide spodumene-bearing pegmatite dyke. However no detailed laboratory assays or geological maps of the trench were reported at that time. Historical prospecting around the trench also reported the occurrence of up to 10 large boulders of spodumene bearing pegmatite at surface some of which may have come from the pegmatite dyke historically intersected in the trench. The current exploration programme is utilising a well tried and tested geochemical exploration technique called Pionjar or Deep Overburden Sampling. This technique uses equipment to penetrate the soil and glacial till down to the bedrock interface where a sample is collected for analysis. The depth of the sampled material varies between 1m and 5m depth at Knockeen and is much more accurate than sampling nearer to surface soil material as the sample point is closer to the bedrock source of the lithium bearing pegmatites and helps to remove the effects of geochemical dispersion at higher levels in the overburden profile. The first part of the programme will be carried out in two stages commencing on an initial closely spaced grid (Grid 1) over the area of the historical trench, which will be completed on 25m spaced lines with samples collected at 15m intervals or stations. This will be followed by Stage 2 extending westwards following the trend of the spodumene pegmatite boulder train and termed Grid 2 (in progress) this grid will cover a larger area at 50m line spacing and 30m sample intervals. Announcement • Oct 11
Technology Minerals Plc, Annual General Meeting, Oct 26, 2022 Technology Minerals Plc, Annual General Meeting, Oct 26, 2022, at 08:00 Coordinated Universal Time. Location: 18, Savile Row, London, W1S 3PW London United Kingdom Agenda: To consider the directors be and they are hereby generally and unconditionally authorised pursuant to section 551 of the Companies Act 2006; and to consider the directors be, and they are hereby authorised pursuant to section 570 of the Act to allot equity securities for cash pursuant to the authority conferred by Resolution 1 above. Announcement • Sep 21
Technology Minerals plc Announces Managing Director of Recyclus Group Ltd. Changes Technology Minerals Plc announced that its 49% owned battery recycling business, Recyclus Group Ltd, has appointed Jo Dennis as Group Managing Director with effect from 10 October 2022. Jo replaces Matthew Taylor, who will step down as Group Managing Director and will be retiring on 6 October 2022. Currently, Jo acts as Non-Executive Director at Recyclus and has extensive experience working across the industrial sector in manufacturing, engineering, distribution, logistics material handling and waste management. Within the waste and recycling space, Jo has successfully driven businesses through the stages of innovation, scale-up, growth and continuous improvement, with a focus on doing so in a sustainable manner while supporting the circular economy. Jo's diverse career has covered leadership roles, operations, sales, project management and engineering, working with a range of corporations, from SMEs to global manufacturers across the UK and the EMEA region. He has held senior positions across a variety of organisations, including roles as Business Development Manager, and later Director, at Flowstore Systems Ltd. Most recently, Jo held the position of Managing Director at Pyrenergy Ltd, a UK-based energy-from-waste and recycling business that recovers energy and materials from hydrocarbon waste that would otherwise be destined for landfill, incineration or export. Announcement • May 21
Bluebird Metals LLC completed the acquisition of Blackbird Creek and Emperium cobalt and copper projects in Idaho from Technology Minerals Plc (LSE:TM1) for £900,000. Bluebird Metals LLC has signed a Memorandum of Understanding to acquire 10% minority stake in Blackbird Creek and Emperium cobalt and copper projects in Idaho United states. from Technology Minerals Plc (LSE:TM1) for $1.1 million on May 06, 2022. The deal includes an option for Bluebird to acquire a further 20% stake in the Blackbird Creek and Emperium projects for GBP1.8 million. The option will be exercisable within a 6-month period from the date of the signing of the detailed Purchase Agreement regarding the Proposed Sale.
Bluebird Metals LLC completed the acquisition of Blackbird Creek and Emperium cobalt and copper projects in Idaho from Technology Minerals Plc (LSE:TM1) for £900,000 on May 20, 2022. Announcement • May 08
Bluebird Metals LLC has signed a Memorandum of Understanding to acquire 10% minority stake in Blackbird Creek and Emperium cobalt and copper projects in Idaho United states. from Technology Minerals Plc (LSE:TM1) for $1.1 million. Bluebird Metals LLC has signed a Memorandum of Understanding to acquire 10% minority stake in Blackbird Creek and Emperium cobalt and copper projects in Idaho United states. from Technology Minerals Plc (LSE:TM1) for $1.1 million on May 06, 2022. The deal includes an option for Bluebird to acquire a further 20% stake in the Blackbird Creek and Emperium projects for GBP1.8 million. The option will be exercisable within a 6-month period from the date of the signing of the detailed Purchase Agreement regarding the Proposed Sale. Board Change • Apr 27
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. CFO & Director James Hannon was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 22
Technology Minerals plc Announces the Results from 27 Rock Samples Collected At the Stratabound Manganese - Rare Earth Oxides Project in Oacoma, South Dakota, USA Technology Minerals Plc announced the results from 27 rock samples collected at the Stratabound Manganese - Rare Earth Oxides ("Mn - REO") Project in Oacoma, South Dakota, USA. The Oacoma Project covers 13 state mineral leases covering a total of 3,083 acres in South Dakota, which the Company believes is prospective for stratabound manganese and rare earth oxides as well as nickel, cobalt, copper. The Company currently holds 15% of the project, with the option to acquire up to a further 85% working interest subject to the terms of an exploration agreement that is to be agreed, as part of an earn-in Joint Venture Agreement with North American Strategic Minerals Inc. (and its wholly-owned subsidiary East River Minerals LLC).