Schedule One Update - Liberty Minerals plc

COMPANY NAME:

Liberty Minerals plc (the “Company” or “Liberty Minerals”)

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES):

Westend Corporate LLP

6 Heddon Street

London W1B 4BT

United Kingdom

COUNTRY OF INCORPORATION:

England & Wales

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.liberty-minerals.com

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY).  IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

Liberty Minerals is a mineral exploration company focused on tungsten, with interests in antimony, molybdenum copper, silver and zinc within Arizona and Idaho, USA.  It was established on 4 February 2026 as a UK registered company for the purpose of holding all of the US mining assets of Liberty Minerals Holding, Inc. and progressing the exploration and development of those assets. On Admission, the Company will hold two mining assets comprising the Boriana and Buckhorn projects (the “Projects”). The Projects consist of unpatented mining claims located entirely on land managed by the United States Bureau of Land Management.

The Directors believe that the combination of a suite of US based mining assets within a single, US-focused AIM-quoted vehicle creates an opportunity to pursue exploration and development of tungsten and associated mineral targets. Historically, Boriana was one of Arizona’s principal historical tungsten mine producers and it is the Directors’ opinion that it holds highly prospective tungsten targets.  The Company’s main focus will be on the Boriana project with Buckhorn being a secondary target for future exploration and development over the longer term.

On 4 June 2026, the Company raised gross proceeds of £662,000 through a pre-IPO Fundraise undertaken by Oak Securities through the issue of CLNs, convertible on Admission at a discount of 25% to the Placing Price.

The Company is seeking admission of its Enlarged Share Capital to trading on AIM and to raise £TBC (before expenses) through a placing to finance the further exploration and development of the Boriana and Buckhorn Projects.

On Admission, Liberty Minerals plc will hold the entire issued share capital of Liberty Minerals Holding, Inc. which will hold the entire issued share capital of the following three US entities:

-           Liberty Minerals, Inc.

-           Boriana Minerals, Inc.

-           Boriana Copper and Tungsten, Inc.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

Number of ordinary shares on Admission: TBC ordinary shares of £0.01 each in the capital of the Company (“Ordinary Shares”)

Issue price per Ordinary Share: TBC

Each Ordinary Share carries one vote and the right to dividends.

There are no restrictions as to the transfer of the Ordinary Shares.

No Ordinary Shares will be held as treasury shares on Admission.

CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Capital to be raised on Admission: approximately TBC (before expenses) via a placing.

Anticipated market capitalisation on Admission: approximately £TBC

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

Approximately TBC%*

*based on a placing of TBC

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED:

N/A

THE COMPANY HAS APPLIED FOR THE VOLUNTARY CARBON MARKET DESIGNATION (Y/N)

N

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Current Directors:

Guy Winterflood – Independent Non-Executive Chairman

Charles (Charlie) Robert Stephenson – Chief Executive Officer

Sean Terence Murray – Independent Non-Executive Director

Proposed Director to be appointed on Admission:

Gregory (Greg) Robert Swenson – Independent Non-Executive Director

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

None

1.                    ANTICIPATED ACCOUNTING REFERENCE DATE
2.                  DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)
3.                 DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) 30 June

(ii) No financial information for the Group, which is recently incorporated.

(iii) 31 March 2027, 31 December 2027, 31 March 2028

EXPECTED ADMISSION DATE:

Early December 2026

NAME AND ADDRESS OF NOMINATED ADVISER:

Cairn Financial Advisers LLP

9th Floor, 107 Cheapside,

London, EC2V 6DN

United Kingdom

NAME AND ADDRESS OF BROKER:

Joint Brokers:

SI Capital Ltd

46 Bridge Street

Godalming

Surrey GU7 1HL

United Kingdom

Merlin Partners LLP

90 Jermyn Street

London SW1Y 6JD

United Kingdom

OTHER THAN IN THE CASE OF AN EXPRESS APPLICANT THAT IS NOT REQUIRED TO PRODUCE AN ADMISSION DOCUMENT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

A copy of the Admission Document will contain full details about the applicant and the admission of its securities, and will be available from the Company's website at: www.liberty-minerals.com

12 November 2026

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