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 UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

24 July 2025

Firering Strategic Minerals Plc

("Firering", the "Company" or the "Group") (AIM:FRG)

Issue of Equity; TVR

Firering, an exploration company focusing on strategic minerals, announces the issue of equity as detailed below.

Issue of Subscription Shares

On 24 March 2025 the Company announced that it had raised £477,000 in a Subscription, alongside the Placing which was completed on the same date. However, as the Company did not at the time have sufficient share capital authorities, the Company confirmed that the issue of shares under the Subscription would not take place until after the Company's Annual General Meeting, at which such authorities were sought.

Following the AGM earlier today, the Company can confirm that the 13,628,570 Subscription Shares have now been issued, at an issue price of 3.5 pence per share.

Issue of Warrants

In addition, and as also set out in the 24 March 2025 announcement, 2,698,392 Warrants have been issued to Shard, the Company's broker.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for admission of 13,628,570 new Ordinary Shares to trading on AIM. It is expected that admission will become effective and dealings in the Subscription Shares will commence on AIM at 8.00 a.m. on or around 31 July 2025.

The new Ordinary Shares will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.

Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 243,367,625 with voting rights. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company's issued share capital pursuant to the Company's articles of association.

Capitalised terms used but not otherwise defined in this announcement shall have the meanings ascribed to such terms in the Company's announcement made at 4.34 p.m. on 21 March 2025, unless the context requires otherwise.

ENDS

For further information visit www.fireringplc.com or contact: