Strategic Minerals* (SML LN) 1.65p, Mkt Cap £23.2m – £890,000 fund raising. • Strategic Minerals has announced that it has raised £890,000 via the placing of approximately 63.6m shares at a price of 1.4p/share • The new shares represent approximately 4.3% of the enlarged share capital of the company. • The placing was supported by the company’s largest shareholder, the Manners family as well as three of the directors (Messrs. Peters, Wale and Harrison) who now collectively own approximately 7.5% of the company, and “two employees and a consultant”. • The company explains that the “proceeds of the Placing are primarily intended to partially fund the settlement of the CRL transaction , which the Company intends settling on 27th June, albeit with alternate funding arrangements currently being finalised”. • Proceeds will also “be used to provide working capital for the Leigh Creek Copper Mine project, which is expected to deliver significant cashflow following the full restart of production, expected in the first quarter of 2020.” • Strategic Minerals also comments that “payment of US$4,065,000, owed to the Company by the major Cobre client, is imminent and could be received at any time”. This payment had originally been expected to be received earlier in June. • Chairman, Alan Broome, explained that “This modest placing has been undertaken as we await the anticipated receipt of over US$4 million from the Cobre client. SML appreciates the continued backing of our largest shareholder, as well as from another large, existing investor. The remaining participants in the Placing consisted of the Board and the wider SML team”. • Mr. Broome also said that “We remain in close contact with our Cobre client and believe payment may occur at any time. However, we are carefully preparing to progress a claim for substantial potential lost profits, should payment not be forthcoming in the near future”. Conclusion: The additional capital should ease the funding of the acquisition of New Age Exploration’s share of the Redmoor project pending receipt of additional funds from Cobre’s client which are still expected imminently. We are encouraged that the company’s largest shareholder and its management team are supporting the funding. *SP Angel act as Nomad and Broker to Strategic Minerals

RNS Number: 2608 D Strategic Minerals PLC 25 June 2019 Market Abuse Regulation Disclosure. Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/ 2014 until the release of this announcement.. Strategic Minerals plc, a producing mineral company actively developing...

It has an operation in the United States of America and Australia along with development projects in the UK and Australia. In September 2011, Strategic Minerals acquired the distribution rights to the Cobre magnetite tailings dam project in New Mexico, USA, a cash-generating asset, which it brought into production in 2012 and which continues to provide a...

Strategic Minerals* (SML LN) 1.65p, Mkt Cap £23m – AGM, presentation and shareholder evening at Rutland Arms next Tuesday • Strategic Minerals is hosting its AGM, company presentation and shareholder evening at the Rutland Arms in Hammersmith, London next Tuesday 18th June. • Hrett Grist and James Blight of Cornwall Resources Limited will be presenting on progress at the Redmoor tin, tungsten, copper project in Cornwall. • The company is also developing the Leigh Creek copper project in Australia from which the company recently sold five tonnes of copper cement as part of the ramp up of the Mountain of Light plant. • Plans to re-establish full production by late 2019, when achieved, will provide Strategic Minerals with a second cash generating asset and reduce its reliance on Cobre. Conclusion: The evening is worth attending for shareholders. Food is good too. *SP Angel act as Nomad and Broker to Strategic Minerals

Strategic Minerals* (SML LN) 1.675p, Mkt Cap £23.5m – Delay to receipt of funds at Cobre • Strategic Minerals reports that the previously reported payment of just over US$4m expected from its major client at the Cobre magnetite tailings operation in New Mexico has not yet been received. • Although “The client has been keeping the Company informed of procedural delays to its funding lines and continues to indicate that payment is imminent. However, despite the client's assurances, the Company considers that it is in the best interests of shareholders to prepare a claim for service on the client, which is likely to seek damages in excess of the amounts due”. • Commenting on these developments, Managing Director, John Peters, explained that although Strategic Minerals “is hopeful that a non-litigious solution can be reached with the major Cobre client … the board has agreed to prepare a claim in relation to potential lost profits associated with the balance of sales due under the contract. It is expected that this claim will be served shortly …”. • Strategic Minerals recently announced that its own payment plans to acquire the outstanding 50% interest in the Redmoor project in Cornwall which it does not currently own had been rescheduled “to allow for the expected receipt of the funds from Cobre's major client” and we speculate that the delays to the receipt of these funds may well have prompted the company to adopt this firmer line with the customer in New Mexico. • Strategic Minerals is also working to bring the Leigh Creek copper operation in South Australia back into production and recently reported initial sales of copper cement product from the Mountain of Light plant. Plans to re-establish full production by late 2019, when achieved, will provide Strategic Minerals with a second cash generating asset and reduce its reliance on Cobre. Conclusion: The company’s 31st December 2018 balance sheet shows cash of US$1.84m and although the delays to the payments from Cobre’s client may impact the timing of Strategic Minerals’ work at its other projects at Leigh Creek and Redmoor; we note the company’s optimism that “a non-litigious solution can be reached” *SP Angel act as Nomad and Broker to Strategic Minerals

Strategic Minerals Plc (SML.L) Announced that the payments of just over $4 million, to be made by the major client at Cobre by 7 June 2019, have not yet been received. The client has been keeping the company informed of procedural delays to its funding lines and continues to indicate that payment is imminent. However, despite the client's assurances, the company considers that it is in the best interests of shareholders to prepare a claim for service on the client, which is likely to seek damages in excess of the amounts due.

RNS Number: 5973 B Strategic Minerals PLC 10 June 2019 Market Abuse Regulation Disclosure. Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/ 2014 until the release of this announcement.. Strategic Minerals plc, a producing mineral company actively developing...

Strategic Minerals* (SML LN) 1.75p, Mkt Cap £24.6m – Rescheduling of acquisition payments to New Age Exploration • Strategic Minerals reports that it has reached a formal agreement with New Age Exploration (NAE) “to defer the initial payment date for the acquisition of NAE’s 50% shareholding in Cornwall Resources Limited (“CRL”) from 30 May 2019 to 27 June 2019.” • The company explains that “The deferral is to allow for the expected receipt of the funds from Cobre's major client, referred to in the Company's announcement on 24 May 2019. All other terms remain unchanged except that, in consideration for NAE agreeing to these arrangements, SML has agreed to pay NAE a postponement fee of A$10,000.” • Thanking NAE for its cooperation which he described as reflecting “the close relationship developed over the past few years”, Managing Director, John Peters said that “The deferral of the settlement date for the acquisition of the balance of CRL shares allows the Company to match expected cash flows within the SML group”. • Strategic Minerals’ acquisition of NAE’s share in Cornwall Resources gives it 100% ownership of the Redmoor tin/tungsten project in Cornwall where the scoping study published earlier this month outlines a potential 600tpd underground mine with a ten year mine life. Capital costs estimated at US$89m are expected to generate an NPV8% of US$94m and IRR of 19.4% using prices of US$22,000/tonne for tin, US$330/mtu for tungsten trioxide and US$3.18/lb for copper. • At this stage, the Redmoor mineral resource estimate is still at the inferred level indicating that additional drilling will be required to both upgrade and possibly to further extend the resource to facilitate more detailed mine-planning and assessment. Conclusion: The readjustment of the timing of payments to NAE for its holding in Cornwall Resources helps match the outgoing A$5m with the expected imminent receipt of over US$4m from the principal client of Strategic Minerals’ Cobre magnetite tailings operation in New Mexico. *SP Angel act as Nomad and broker to Strategic Minerals

RNS Number: 3837 A Strategic Minerals PLC 29 May 2019 Market Abuse Regulation Disclosure. Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/ 2014 until the release of this announcement.. All other terms remain unchanged except that, in consideration for NAE agreeing...

Strategic Minerals* (SML LN) 1.75p, Mkt Cap £24.6m – Over US$4m expected shortly from client at Cobre • Strategic Minerals reports that its Southern Minerals (SMG) subsidiary, which operates the Cobre magnetite tailings operation in New Mexico, has reached agreement with its major client in respect of payment arrears and future payments. • This client “has informed SMG that it anticipates having significant funds very shortly and has asked SMG to refrain from progressing legal action for two weeks. During this two week period, the major client has agreed to pay arrears of US $375,000 and top up the existing deposit, held by SMG, by US $3,690,000”. • We interpret the increase of the deposit held against future sales as a gesture of good faith in advance of negotiations over the future contract which are expected to be conducted during June. • Commenting on the developments at Cobre, Strategic Minerals’ Managing Director, John Peters, confirmed that “SMG has now received written confirmation of the major client's intent to make payment of over US $4m in the next two weeks which would place the SML group in an attractive position to advance its various projects.” • Strategic Minerals is advancing its Leigh Creek copper project where it reported initial sales of 5 tonnes of copper cement product earlier this month and where “Full production is scheduled for commencement late 2019 / early in 2020”. • Also this month, the company announced the highlights of its scoping study to develop the Redmoor tin/tungsten project in Cornwall outlining the possible development of a 600,000tpa mine at a pre-production capital cost of US$89m which is expected to generate an NPV8% of US$94m and IRR of 19.4% over a ten years mine life at a price of US$22,000/tonne for tin, US$330/mtu for tungsten trioxide and US$3.18/lb for copper. • Redmoor’s mineral resource estimate was substantially increased in February, with a 160%increase in resource tonnage to 11.7mt at an average grade of 0.17% tin, 0.56% tungsten trioxide and 0.50% copper. However the resource, which remains open both laterally and at depth, is still classified at the inferred level and, as the project firms up, additional drilling will be required to both upgrade and possibly to further extend the resource to facilitate more detailed mine-planning and assessment. • We note that, the company’s 31st December 2018 balance sheet reports a cash balance of $1.8m so that the receipt of over $4m in cash should provide a substantial boost to the interim balance sheet. Conclusion: Additional funds from the principal customer at Cobre and indications that there is a constructive atmosphere ahead of June’s negotiations on the future contracts set a positive backdrop and will reinforce the company’s cash resources while it progresses the re-opening of Leigh Creek as a second source of cash generation to supplement the contribution from Cobre and advances the Redmoor project in Cornwall. *SP Angel act as Nomad and broker to Strategic Minerals

During this two week period, the major client has agreed to pay arrears of US $375,000 and top up the existing deposit, held by SMG, by US $3,690,000. ·Potential receipt of US $4,065,000 within two weeks. "SMG has now received written confirmation of the major client's intent to make payment of over US $4 m in the next two weeks which would place the SML group in an...

RNS Number: 1814 Z Strategic Minerals PLC 16 May 2019 Market Abuse Regulation Disclosure. On the basis of this study, CRL has carried out a preliminary assessment of the potential returns from an underground mining project at Redmoor in Cornwall. This assessment suggests, based on a nominal plant feed rate of 600 ktpa, an IRR of 19%, and an NPV of $94 m, based on a capex...

·Profit from operations of US $1.473 m.. ·Unrestricted Group cash position, as at 31 December 2018, US $1.840 m.. ·Robust sales at Cobre in 2018 produced net cash flow of US $2.163 m, which continue funding overheads and investment into project acquisition and development..

2) A $1 m on 29 November 2019. 3) A $1 m on Net Smelter Sales arising from Redmoor production reaching A $50 m. 4) A further A $1 m on Net Smelter Sales arising from Redmoor production reaching A $100 m..

RNS Number: 9603 X Strategic Minerals PLC 03 May 2019 Market Abuse Regulation Disclosure. Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation No 596/ 2014 until the release of this announcement.. Sales Commence at Leigh Creek Copper Mine.