Extension of CCL Debt Facility

Neoterra Group PLC

23 September 2026

 

23 September 2026

NEOTERRA GROUP PLC

("NeoTerra" or the "Company")

Extension of CCL Debt Facility

NeoTerra (LSE: TERA) (OTCQB: ANRCF), the African critical minerals exploration and development company, announces that it has agreed with Catalyse Capital Limited ("CCL") an extension to the Company's existing debt facility (the "Facility") to 30 October 2027.

Terms of Debt Extension

The Company has agreed with CCL to an extension to the Facility, on the following terms:

·    extension to the maturity date of 30 October 2027;

·    fixed interest rate of 15%*;

·    a one-off reprofiling fee of £50,000*;

·    cancellation of conversion right into Ordinary Shares at £0.025; and

·     the grant of 25m warrants, exercisable at £0.02 for 2 years.

*payable in cash or shares at the lender's discretion

Cédric Simonet, CEO of NeoTerra, commented:

"This extension provides the Company with a further year of runway under the facility, as we continue to progress the fluorspar work programme at Monte Muambe using our existing cash resources, and the rare earths work programme using the USTDA grant. The extension reflects CCL's continued support for, and confidence in, the Company, for which we are grateful."

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.

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NeoTerra Group Plc

Cédric Simonet, CEO                   [phone] ([e-mail])

Louise Adrian, CFO                      [phone] ([e-mail])

Strand Hanson (Financial Adviser)                                                            [phone]

Christopher Raggett

Imogen Ellis

Zeus Capital (Corporate Broker)                                                                [phone]

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.

 

END