RNS Out25 Feb 2026 07:51
End of Bonus Warrant Acceleration Offer. More money into the coffers.
Use of Proceeds
The funds raised from the exercise of warrants strengthens the Company's financial position and supports parallel work programmes across its tailings projects, including the pilot scoping study, work towards maiden Mineral Resource Estimates and evaluation of potential integrated production scenarios.
Ryan Mee, Chief Executive Officer of Fulcrum Metals plc, commented: "We would like to thank those warrant holders who participated in the Bonus Warrant Acceleration Offer. We are pleased with the overall level of participation, and the funds raised will support the continued development of our tailings assets.
"Over the coming weeks, we expect to update shareholders on progress from the pilot scoping study, which is currently underway, and on further assay results from both the Teck-Hughes and Sylvanite projects. These programmes represent important steps as we work to upscale and de-risk our projects, develop growth opportunities, and advance towards potential development scenarios."
All good. Fully funded for the work ahead.