Receipt of US$10 million in funds from SA sale

Summary by AI ^BETAClose X

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.

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Jubilee Metals Group PLC

06 January 2026

Jubilee Metals Group Plc

Registration number (4459850)

AIM share code: JLP

Altx share code: JBL

ISIN: GB0031852162

('Jubilee' or 'Company' or 'Group')

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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: jmorley-kirk@jubileemetalsgroup.com.

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

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