THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

31 October 2022 

Facility Repayment

MetalNRG plc ("the Company") announces that further to the announcement made on 7 October 2022 that the Company's obligations to Global Investment Strategy UK Limited had been reduced from £158,663.09 to £ 58,663.09, the Company is now pleased to report that the final balance has been repaid and the convertible note facility has been retired without the issue of additional equity.

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