Regulatory Announcement

Technology Minerals Proposed Acquisition

Technology Minerals Plc (LSE: TM1), the first listed UK company to focus on creating a sustainable circular economy for battery metals, is pleased to announce that it has signed binding Heads of Terms (“HoTs”) to acquire the remaining issued share capital of Recyclus Group Limited (“Recyclus”) for new shares in the Company (the Proposed Transaction"). The Company currently holds 48.35% of the issued share capital of Recyclus.

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