RE: Hold 14/15 Today17 Jun 2025 17:15
Metals One (AIM: MET1), which is advancing battery metal projects at brownfield sites in Finland and Norway, is pleased to announce that shareholders representing in aggregate over 30% of the Company's issued share capital have agreed to extend their lock-in agreements through to 31 December 2025.
As set out in the Company's Admission Document dated 25 July 2023 ("Admission Document"), Bluejay Mining Plc ("Bluejay"), which holds 62,500,000 shares, had consented to a lock-in agreement for a period of one year following the Company's admission to AIM on 31 July 2023 ("Admission"). Bluejay has now agreed to extend the terms of its lock-in agreement until 31 December 2025.
As also set out in the Admission Document, 3 Mile Beach Limited ("3 Mile"), which holds 17,500,000 shares, had consented to a lock-in agreement for a period of six months following the Company's Admission. 3 Mile has also agreed to extend the terms of its lock-in agreement until 31 December 2025.