Metals Exploration Regulatory News (MTL)

7 June 2021

METALS EXPLORATION PLC

Posting of Annual Report and Notice of AGM

Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), the Philippine gold producer, announces that the Company's Annual Report and Accounts for the year ended 31 December 2020, together with the notice of the Company's annual general meeting ("AGM") have been posted to shareholders and are available on the Company's website at https://www.metalsexploration.com.

The AGM will be held at 3.00 p.m. on 30 June 2021 at 200 Strand, London WC2R 1DJ. In light of the ongoing COVID-19 pandemic and the current UK Government restrictions and public health guidance, shareholders are strongly encouraged not to attend the AGM in person and any shareholders or other persons attempting to attend the AGM may not be permitted entry. The Company envisages that the quorum of the AGM will be satisfied by the minimum number of shareholders present (which will be facilitated by the Company) as is required under the Company's articles of association to enable the business of the AGM to be conducted. Accordingly, all shareholders are strongly encouraged to vote by proxy and appoint the Chairman of the meeting as their proxy.

The Chairman of the meeting will direct that all resolutions will take place by way of a poll, rather than a show of hands, to ensure that proxy votes are recognised, in order to accurately reflect the views of shareholders. The voting results on the resolutions put to the AGM will be announced to the market following the closure of the AGM. The AGM will deal only with the formal business of the meeting and there will be no presentation. The Company recognises the importance of continuing engagement with shareholders and that they should be given the opportunity to raise questions with the Board. As such, shareholders are invited to send any questions that they have in connection with matters arising at the AGM by emailing info@metalsexploration.com by 3.00 p.m. on 28 June 2021. Where appropriate, questions will be responded to accordingly.

For further information please visit or contact www.metalsexploration.com