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Thats mine from yesterday Troajan, along with the 17m reported at 09:45 yesterday.

I take your point.

My personal feeling is the new directors wouldnt be involved if this all didnt have a chance. And with shy of 200m shares accross me and the old man well below par, I will keep rolling the dice.

They've snuck that in. Read back the original announcements arouns the placing, no mention of working capital.

Still doesnt change my stance. If needs must and gets us to where we are going im ok with it.

In short, yes significant dilution, but debt free, owed a large sum by recyclus, and a great springboard for the new directors to run with.

Cant copy and paste on phone, just read business update from January 15th and subsequent related RNS. All there in black and white.

Not sure where you both are getting working capital being part of this from. The placing is purely to settle CLN debt...

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-0.0098 (-11.56%)

Bid: 0.07Ask: 0.08

Spread: 0.01 (14.286%)Market Cap: £2.36m

Last checked at 13:24:30

Business Update

15 Jan 2026 07:00

RNS Number : 9569O

Technology Minerals PLC

15 January 2026

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.

15 January 2026

Technology Minerals Plc

("Technology Minerals" or the "Company")

Business Update

Update on Annual Report & Accounts, Equity Fundraise, Proposed new Board appointments, Appointment of Broker, Conditional Settlement with Existing CLN Holders, and Operational Update

Technology Minerals Plc (LSE: TM1), the first UK listed company focused on creating resource and manufacturing resilience through a sustainable circular economy for battery metals and other critical resources, is pleased to provide the following business update.

Update on publication of Annual Report and Accounts

The Company is currently working to complete its audit for the period ending 30 June 2025. Unforeseen delays have occurred including the requirement to treat Recyclus as a subsidiary for accounting purposes, which has resulted in Recyclus Group Ltd ("Recyclus"), Technology Minerals' 48.35% owned battery recycling business, being subject to a full audit. The Board is working with the auditors to resolve the audit sign-off as soon as possible and will keep shareholders updated as a matter of priority.

Equity fundraise

The Company has received irrevocable commitments to raise £350,000 through the issue of 350,000,000 ordinary shares (the "Subscription") at a price per share of 0.1 pence (the "Subscription Price"). Participants in the Subscription include Nick Bridle and Mick Cataldo. The subscription price represents an 11% premium to the pre-suspension price of 0.09p. Each subscription share will have one warrant attached to it, exercisable subject to the usual requirement

All good thanks Dusty 🙂

You talking to Laura or me Dusty?

Got my shares now. The 17m yesterday was mine, should be another 27m late reported today. Nice RNS, big hitters on board.

Filling my orders from this morning...

Couldnt buy yesterday, just put two big orders in. Waiting to be filled.

Here we go....

I think you will like the new Directors, have a good weekend all. See ya Monday!

This is on sets. Not manipulation. Just simple supply and demand. We need more volume to push us up. Hopefully a disko rns soon.

They will be applying for relist once the accounts are uploades to companies house. So late this week, early next. Then placing to clear the debt. Then....well you will see 😉

IMHO the opportunity here now lies in the board changes, the two new chaps and Swanny owning 25% of the co....

Relist next, then placing prospectus.

I expect Nick and Mick will come out swinging. Onwards!

Paha that made me laugh BT 🤣

Nice to pop in and see harmoneous discussion, have a good weekend chaps.

More news on the way from other tenemants, people will get caught short having tunnel vision around GLND....