TIDMCMET

RNS Number : 3515R

Capital Metals PLC

04 November 2021

4 November 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Capital Metals plc

("CMET" or the "Company")

AGM Statement

Capital Metals, (LSE: CMET), a natural resources company focused on the development of the Eastern Minerals Project in Sri Lanka ("the Project") is holding its Annual General Meeting ('AGM') today.

Ahead of the meeting, the Group's Chairman, Greg Martyr, has issued the following statement:

The Board notes the Environmental Impact Assessment ("EIA") approval process in Sri Lanka is nearing completion. Following the lifting of strict COVID-19 lock down measures including the movement of people, Sri Lankan government departments are now back working in the office. To this end our colleagues in Sri Lanka advise that the EIA is likely to be approved in the near term, during the month of November. The Board will make a further announcement in due course.

For further information, please visit www.capitalmetals.com or contact:

 
 Capital Metals plc 
  Michael Frayne (CEO) 
  James Mahony (CFO)                                James.Mahony@capitalmetals.com 
 SPARK Advisory Partners (Nominated 
  Adviser) 
  Neil Baldwin / James Keeshan                    +44 (0) 20 3368 3554 
 WH Ireland Limited (Joint Broker) 
  Harry Ansell / Katy Mitchell                    +44 (0) 20 7220 1666 
 Brandon Hill Capital Limited 
  (Broker) 
  Jonathan Evans/Oliver Stansfield                +44 (0) 20 3463 5000

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November 04, 2021 06:59 ET (10:59 GMT)

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