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Metals One Plc announced on 10 March 2026 the sale of 4,500,000 shares in Fulcrum Metals Plc for £0.45 million, generating a 173% profit on its weighted average share purchase price. Following this transaction, Metals One Plc now holds 4,250,000 shares, representing approximately 2.99% of Fulcrum's issued share capital, along with 1,458,334 warrants expiring in July 2027 at a 10 pence exercise price.
| Date | 10 Mar 2026 |
| Time | 10:10:00 |
| Category | Disposals |
| ID | 0582W |
10 March 2026
Metals One Plc
("Metals One" or the "Company")
Disposal of partial interest in Fulcrum Metals Plc
Metals One (AIM: MET1, OTCQB: MTOPF), a critical and precious metals project developer and investor, announces it was approached to sell a block of 4,500,000 shares in Fulcrum Metals Plc (AIM: FMET) ("Fulcrum") for £0.45 million representing approximately a 173% profit on the Company's weighted average share purchase price. Metals One's made its first investment in Fulcrum in July 2025. Following the sale, Metals One holds 4,250,000 shares in Fulcrum, representing approximately 2.99% of Fulcrum's issued share capital, in addition to 1,458,334 warrants with an exercise price of 10 pence expiring in July 2027.
Daniel Maling, Managing Director of Metals One, commented:
"We are pleased with the progress Fulcrum is making in advancing its projects in Canada. After releasing some profit to satisfy market demand, Metals One retains significant upside exposure to the opportunity in Fulcrum's innovative, cyanide free approach to precious metals recovery from tailings."
Enquiries:
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Metals One Plc Daniel Maling, Managing Director Craig Moulton, Chairman
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+44 (0)20 7981 2576
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Beaumont Cornish Limited (Nominated Adviser) James Biddle / Roland Cornish |
+44 (0)20 7628 3396 |
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Oak Securities (Joint Broker) Jerry Keen / Calvin Man |
+44 (0)20 3973 3678 |
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Capital Plus Partners Limited (Joint Broker) Jonathan Critchley |
+44 (0)207 432 0501 |
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Vigo Consulting (UK Investor Relations) Ben Simons / Fiona Hetherington |
IR.MetalsOne@vigoconsulting.com +44 (0)20 7390 0230
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About Metals One
Metals One is pursuing a strategic portfolio of critical and precious metals projects and investments underpinned by the Western World's urgent need for reliably and responsibly sourced raw materials - and record high gold prices. Metals One's shares are listed on the London Stock Exchange's AIM Market (MET1) and on the OTCQB Venture Market in the United States (MTOPF).
Map of Metals One projects/investments
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Market Abuse Regulation (MAR) Disclosure
The information set out herein is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR').
Nominated Adviser
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.