18 May 2026

Talon Resources plc

("Talon" or the "Company")

Notice of Cancellation

The Company announces that it has requested the Financial Conduct Authority (FCA) to cancel the listing of its ordinary shares of £0.01 each (the "Shares") from the Equity Shares (Shell Companies) category of the Official List and to request the London Stock Exchange to cancel the admission to trading of the Shares on its Main Market for listed securities (together, the "Cancellation").

The Company further announces that it intends to apply for the admission of the Shares to trading on AIM ("Admission"). It is expected that Cancellation and Admission will occur simultaneously.

In accordance with Listing Rule 5.2.8, the Company is required to give at least 20 business days' notice of the intended Cancellation. Accordingly, it is expected that the Cancellation will become effective from 8.00 a.m. on 16 June 2026, with the last day of trading of the Shares on the Main Market being 15 June 2026.

The Directors believe that AIM represents a more appropriate market for the Company given the size and stage of development, offering a more flexible regulatory environment, particularly in relation to corporate transactions, and access to a broader pool of institutional and other investors.

Admission is expected to become effective, and dealings in the Shares are expected to commence on AIM, at 8.00 a.m. on 16 June 2026.

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