Publication of Prospectus

Technology Minerals PLC

17 July 2026

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

17 July 2026

Technology Minerals Plc

("Technology Minerals" or the "Company")

Publication of Prospectus

Following the passing of the resolutions at the Company's Annual General Meeting held earlier today, Technology Minerals Plc (LSE: TM1), the UK listed company focused on building national resource and manufacturing resilience, is pleased to announce that the Financial Conduct Authority has approved a simplified prospectus ("Prospectus") prepared in accordance with the Prospectus Rules: Admission to Trading on a Regulated Market in connection with the Placing and the application for Admission of the New Ordinary Shares.

The Prospectus has been published and will be available on the Company's website today at www.technologyminerals.co.uk and will be made available free of charge at the Company's registered office.

Key Terms of the Placing and Settlement

Pursuant to the Placing, the Company will issue 4,170,000,000 new ordinary shares of £0.0005 each ("Placing Shares") at a price of £0.0005 per share to raise gross proceeds of approximately £2.085 million.

In addition, the Company will issue 5,181,083,482 Settlement Shares comprising:

·	3,250,000,000 New Ordinary Shares to Jonathan Swann pursuant to the Amended Swann Settlement Deed;
·	600,000,000 New Ordinary Shares to Atlas Special Opportunities II, LLC pursuant to the Amended ACM Settlement Deed; and
·	approximately 1,331,083,482 New Ordinary Shares to various other creditors in part settlement of sums due.

The total number of New Ordinary Shares to be issued (Placing Shares and Settlement Shares) is 9,351,083,482. Following Admission, the Enlarged Share Capital is expected to be 12,495,477,697 ordinary shares of £0.0005 each.

Use of Proceeds

The Company expects to receive net proceeds of the Placing of approximately £2,000,000, which it intends to use as follows:

·	£750,000 (fixed sum) to fund the settlement payment to Atlas under the Amended ACM Settlement Deed;
·	approximately £200,000 to advance existing and acquire new early-stage mineral exploration projects, make investments across the Battery Metals sector and pursue selected lateral critical-resilience opportunities (including defence-related supply chains); and
·	approximately £1,050,000 for general working capital.

Expected Timetable

·	Publication of Prospectus: 17 July 2026
·	Admission and commencement of dealings in the Ordinary Shares, Placing Shares and Settlement Shares on or around 20 July 2026
·	Following Admission, the ISIN for the Ordinary Shares will be GB00BWYF7709. The existing ISIN, GB00BP094P47, will cease to be valid from Admission.
·	A further announcement will be made on Admission

No application is being made for the A Ordinary Shares (arising from the Subdivision) to be admitted to the Official List or to trading on the London Stock Exchange. It is intended that the A Ordinary Shares will be reclassified as Deferred Shares at a General Meeting to be convened following Admission.

Enquiries

Technology Minerals Plc
Alex Stanbury, Chief Executive Officer	c/o [phone]
Oberon Capital (Broker)
Nick Lovering, Adam Pollock	[phone]
Gracechurch Group (Financial PR)
Harry Chathli, Alexis Gore, Rebecca Scott	[phone]

About Technology Minerals Plc

Technology Minerals is developing the UK's first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on raw material exploration required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers.

Technology Minerals' Mantle Strategy

The Mantle strategy is Technology Minerals' repositioning as a listed national resilience company, built on the conviction that the private sector must play a central role in securing the UK's sovereign supply of critical resources, capabilities and infrastructure. It aligns the Company directly with the UK Government's Critical Minerals Strategy (Vision 2035) and its targets for domestic production, recycling and reduced reliance on single-country supply.

Mantle is executed across three pillars: Natural Resources (domestic reclamation, extraction, international exploration and stockpiling, anchored by Recyclus Group and the Company's mineral exploration assets); Critical Capabilities (foundational midstream and downstream capacity); and an Enabling Ecosystem (the partnerships and investments needed to pre-empt emerging requirements). Delivery will begin with a consolidation phase that resets the balance sheet and catalyses existing assets, followed by execution of a near-term pipeline of value-accretive opportunities - several revenue-generating and aligned with UK defence and national resilience requirements - as the Company scales towards becoming a critical part of the UK's resilience ecosystem.

Further information on Technology Minerals is available at www.technologyminerals.co.uk

 

END