Appointment of Joint Broker

Summary by AI ^BETAClose X

Blencowe Resources Plc has appointed Cavendish Capital Markets Limited as Joint Broker to enhance research coverage and institutional investor engagement as its Orom-Cross project progresses towards production. This strategic move aims to support the company's transition from a pre-production stage to initial operations, leveraging Cavendish's expertise in the resources sector and its network of institutional investors. The company stated it remains well-funded for its current work programs, having received proceeds from warrant exercises.

Disclaimer*

Blencowe Resources PLC

28 May 2026

Date: 28 May 2026

Blencowe Resources Plc

("Blencowe" or the "Company"),

Appointment of Institutional Broker

Cavendish Appointed to Support Research Coverage and Institutional Engagement

Blencowe Resources Plc (LSE: BRES) is pleased to announce that it has appointed Cavendish Capital Markets Limited ("Cavendish") as Joint Broker to the Company with immediate effect.

As Orom-Cross advances towards first production, the Company is focused on strengthening research coverage and broadening engagement with institutional investors to reflect the scale and maturity of the opportunity. Cavendish will support the Company through sector-specialist research distribution and engagement with institutional investors.

Executive Chairman of Blencowe, Cameron Pearce, commented:

"We are delighted to add Cavendish into our team. Cavendish brings an experienced and well-regarded resources-focused research capability as well as a strong network of institutional investors, which we believe will be increasingly relevant as Blencowe progresses from a pre-production story towards initial stage operations at Orom-Cross.

As highlighted within our recent interim results, the Company remains well funded to progress its current work programmes and has received proceeds from warrant exercises."

Head of Energy, Power & Resources at Cavendish, Neil McDonald, commented:

"We are pleased to be supporting Blencowe at this stage of its development. We see growing interest in secure, scalable graphite supply, particularly given its role in battery technologies, and believe Blencowe is well-positioned to benefit from this trend.

We look forward to helping broaden the Company's engagement with institutional investors as it progresses the Orom-Cross project towards production."

For further information please contact:

Blencowe Resources Plc

www.blencoweresourcesplc.com

Sam Quinn (Director)

Tel: +44 (0)1624 681 250

info@blencoweresourcesplc.com

Sasha Sethi (Investor Relations)

Tel: +44 (0) 7891 677 441

sasha.sethi@blencoweresourcesplc.com

Tavira Financial (Joint Broker):

Jonathan Evans

Tel: +44 (0)20 3192 1733

jonathan.evans@tavira.group

Oak Securities (Joint Broker):

Calvin Man / Mungo Sheehan / Jerry Keen

Tel: +44 (0)20 3973 3678

Cavendish (Joint Broker):

Neil McDonald / Peter Lynch / Hanna Leijonmarck

Tel: +44 (0) 20 7908 6000

epr@cavendish.com

Twitter

https://twitter.com/BlencoweRes

https://www.linkedin.com/company/72382491/admin/

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