Revised Share Admission Date

In the Company’s RNS of 28 October 2025, it was stated that it was expected that Admission to trading on AIM (“Admission”) of the 1,768,560,480 new ordinary shares issued on First Completion under the Motzfeldt Project acquisition (the “Alba consideration shares”) would become effective at 8.00 a.m. on or around 11 November 2025. It is now advised that Admission of those shares is in fact expected to become effective at 8.00 a.m. on or around 19 December 2025.  The new ordinary shares will be issued credited as fully paid and will rank in full for all dividends and other distributions declared, made or paid after Admission and will otherwise rank on Admission pari passu in all respects with the existing ordinary shares.