Extension of 2p Warrants to 9 October 2026

Summary by AI BETAClose X

Neoterra Group PLC has secured Warrantholder consent to extend the exercise date of its remaining 15,899,999 warrants, exercisable at 2 pence each, from August 26, 2026, to October 9, 2026. This short extension is intended to provide warrantholders additional time to exercise their warrants, which the company anticipates will coincide with upcoming announcements regarding the initiation of the USTDA funded Rare Earths Project and results from metallurgical studies on the Fluorspar and Gallium Projects.

Disclaimer*

Neoterra Group PLC
20 August 2026
 

20 August 2026

 

 

NEOTERRA GROUP PLC

("NeoTerra" or the "Company")

 

Extension of 2p Warrants to 9 October 2026

 

NeoTerra (LSE: TERA) (OTCQB: ANRCF), the African critical minerals exploration and development company, announces that it has obtained Warrantholder consent to extend, from 26 August 2026 to 9 October 2026, the final exercise date of the Company's remaining 15,899,999 warrants to subscribe for Ordinary Shares at 2 pence each (the "Warrants").

 

Cedric Simonet, CEO of NeoTerra, commented:

 

"This short extension gives our remaining warrantholders some additional time to exercise their warrants, which we expect to coincide with further announcements regarding the initiation of the USTDA funded Rare Earths Project and results from the metallurgical studies on the Fluorspar and Gallium Projects".

 

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

 

For further information, please visit the Company's website: https://neoterra-group.com

 

-ends-

 

To subscribe for RNS alerts, please visit: https://neoterra-group.com/announcements

 

  

NeoTerra Group Plc

Cédric Simonet, CEO              +44 (0) 7769 555 757 (Cedric.Simonet@neoterra-group.com)

Louise Adrian, CFO                 +44 (0) 7721 492 922 (Louise.Adrian@neoterra-group.com)

           

Strand Hanson (Financial Adviser)                                                      +44 (0) 20 7409 3494

Christopher Raggett

Imogen Ellis

 

Zeus Capital (Corporate Broker)                                                         +44 (0) 20 3829 5000

Simon Johnson

James Hornigold 

 

 

About NeoTerra Group Plc 

 

NeoTerra Group Plc (LSE:TERA)(OTCQB:ANRCF) is a London Main Market-listed exploration and development company focused on unlocking the value of critical raw materials across Africa. The Company is pursuing a diversified strategy, targeting assets with potential for near-term monetisation alongside long-term growth.

 

The multi-commodity Monte Muambe Project in northwest Mozambique is a highly prospective tenement hosting rare earths, fluorspar, and gallium mineralisation. Published JORC mineral resource estimates include:

 

·    13.6Mt at 2.42% TREO

·    3.48Mt at 20.6% CaF2

·    11.73Mt at 54.7g/t Ga2O3

 

The project is held under a 25-year mining licence and has received US Government support in the form of a US$ 1.875 million grant from USTDA to advance the rare earths component through the prefeasibility stage.

 

NeoTerra's diversified portfolio also includes the Sesana Copper-Silver Project in Botswana, strategically located just 25 km from MMG's Khoemacau Zone 5 copper-silver mine.

 

With a unique combination of critical raw materials projects, NeoTerra is well positioned to contribute to the global supply of strategically important commodities essential for clean energy, high technology, defence and industrial applications.

 

The Company and the Board remain actively focused on identifying and evaluating additional projects that align with our investment profile and strategic objectives, leveraging our extensive network and combined industry experience to uncover compelling opportunities that can drive long-term growth.

 

Competent Person Statement

 

The Mineral Resource Estimates contained in this RNS have been compiled by Joshua Hattingh (BSc (Hons.), FGSSA, Pr.Sci.Nat. 400039/02), a director of Rock and Stock Investments (Pty) Ltd. Mr Hattingh is a Fellow of the Geological Society of South Africa and a registered Professional Natural Scientist. He has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person in terms of the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr Hattingh consents to the inclusion in this RNS of the Mineral Resource Estimate information in the form and context in which it appears.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings