Partial disposal of Denarius Metals shares

23 April 2025

Europa Metals Ltd

("Europa Metals", the "Company" or the "Group") (AIM, AltX: EUZ)

Partial disposal of Denarius Metals shares

Europa Metals, ("Europa" or the "Company"), advises that on 17 April 2025, the Company sold 1.5 million of the shares it holds in Denarius Metals Corp, (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius") at an average price of CAD$0.5569 per share, netting CAD$826,945 (approx. £450,000). The proceeds of the sale will be utilised for creditor payments, working capital, and towards assessing opportunities. 

Following the partial disposal, the Company retains 5.5 million Denarius shares.

Over the coming weeks, management are considering the options for the Company to deliver the best possible outcome for all shareholders and will update the market in due course.

For further information on the Company, please visit www.europametals.com or contact:

Europa Metals Ltd

Dan Smith, Non-Executive Director and Company Secretary (Australia)

T: +61 8 9486 4036

E: [email protected]

Myles Campion, Executive Chairman and acting CEO (UK)

E: [email protected]

Beaumont Cornish (Nominated Adviser/Broker)

James Biddle/Roland Cornish

T: +44 (0) 20 7628 3396

Questco Corporate Advisory Proprietary Limited (JSE Sponsor)

Danielle Christodoulou

T: +27 63 482 3802

Europa Metals Ltd is a company incorporated in Australia and limited by shares which are publicly traded on the AIM market of the London Stock Exchange (primary listing) and the AltX of the Johannesburg Stock Exchange (secondary listing).

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 United Kingdom domestic law pursuant to the European Union (Withdrawal) Act 2018, as amended.

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.