12 June 2024

Future Metals NL

Exercise of Quoted Options

Future Metals NL (Future Metals or the Company) (ASX | AIM: FME), announces that it has received a notice of exercise in respect of ASX quoted options (ASX:FMEO) to subscribe for 65,694 new ordinary shares of no par value in the capital of the Company ("Ordinary Shares") at a price of A$0.10 per Ordinary Share (the "Option Shares").

Admission to trading on AIM and total voting rights

Application has been made to the London Stock Exchange plc for the admission to trading on AIM of the Option Shares, which is expected to take effect and dealings commence at 8.00 a.m. (BST) on or around 17 June 2024 ("Admission").

The number of Ordinary Shares in issue, and the total voting rights in the Company, on Admission, will be 572,540,495. This figure may be used by shareholders as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change of their interest in, the Company under the provisions of the Company's constitution.

This announcement has been approved for release by the Company Secretary of Future Metals NL.

For further information, please contact:

Further Information

For further information on the Company, please refer to the ASX or LSE platforms under ASX | AIM code FME or visit the Company's website at www.future-metals.com.au .