26 November
2024
Europa Metals Ltd
("Europa Metals",
the "Company" or the "Group") (AIM, AltX: EUZ)
Convertible loan note issuance
Europa Metals is pleased to announce that it
has raised a total of £115,000 via the issue of a convertible loan
note to sophisticated investors. The funds will be utilised for
general working capital purposes and to continue due diligence on
the proposed RTO of Viridian Metals.
The convertible loan notes are unsecured, have
a face value of £1 each, are convertible into Ordinary Shares in
the Company at the lower of either 2.4p or at a 20% discount to an
RTO price, and carry an annual coupon of 8%, accrued and payable in
shares in the Company.
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: dsmith@europametals.com
Myles Campion, Executive Chairman and acting CEO
(UK)
E: mcampion@europametals.com
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
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.