TM1.L

Technology Minerals
Technology Minerals - Completed Sale of Leinster Project
25th March 2025, 07:00
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RNS Number : 9590B
Technology Minerals PLC
25 March 2025
 

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. 

 

25 March 2025

 

Technology Minerals Plc

("Technology Minerals" or the "Company")

 

Completed Sale of Leinster Project

 

Technology Minerals Plc (LSE: TM1), the UK's pioneering firm in establishing a circular economy for battery metals, is pleased to announce that, further it its announcement on 4 February 2024, it has now completed the sale of its interest in exploration licences in Leinster, Republic of Ireland, to European Lithium Limited (ASX: EUR, FRA: PF8, OTC: EULIF) ("European Lithium") (the "Transaction").

 

As a result of completing the Transaction, the Company confirms receipt of 861,833 shares, following settlements with other parties, that were previously held by European Lithium in Critical Metals Corp (Nasdaq: CRML) ("CRML").

 

Alex Stanbury, CEO of Technology Minerals, said: "This marks the successful completion of the Transaction with European Lithium for our Leinster Lithium Project licenses in Ireland. The transaction reinforces our strategy to identify and advance early-stage projects up the value curve, and attracting interest from potential buyers and partners, in-turn delivering value for the Company and our shareholders."

 

Enquiries

 

Technology Minerals Plc


Robin Brundle, Executive Chairman

Alexander Stanbury, Chief Executive Officer

c/o +44 (0)20 4582 3500



Oberon Investments Limited (Brokers)


Nick Lovering, Adam Pollock

+44 (0)20 3179 5300

 


Gracechurch Group (Financial PR)


Harry Chathli, Alexis Gore, Rebecca Scott

+44 (0)20 4582 3500

 

Technology Minerals Plc

 

Technology Minerals is developing the UK's first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on raw material exploration required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. Further information on Technology Minerals is available at  www.technologyminerals.co.uk.

 

 

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