Issue of Shares

Technology Minerals Plc (the Company) (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces that the Company has issued 555,556 ordinary shares in the Company in respect of the Convertible Loan Notes.

The recipient of these shares (the Recipient’) had previously subscribed £10,000 for series ‘A’ Convertible Loan Notes and £10,000 for series ‘B’ Convertible Loan Notes. In accordance with the Series ‘B’ Convertible Loan Note and Warrants Instrument dated 29 July 2021, the Recipient’s ‘B’ Loan Note should convert on Admission to 555,556 Ordinary shares in the Company and Warrants should be issued to him in accordance with the terms of the instrument.

Accordingly, 555,556 Ordinary shares were allotted to the Recipient and Warrants in respect of these 555,556 Ordinary shares be issued to the Recipient on the terms set out in the Instrument referred to above.

Following this allotment, the total number of issued shares and the total number of voting rights in the Company is 1,212,868,497.

The above figure of 1,212,868,497 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

The Directors of the Company accept responsibility for this announcement.