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EUROPA METALS LIMITED - Viridian Metals Transaction Update

Release Date: 22/01/2025 09:00
Code(s): EUZ     PDF:  
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Viridian Metals Transaction Update

Europa Metals Ltd
(Incorporated and registered in Australia and registered as
an external company in the Republic of South Africa)
(Registration number 4459850)
(External company registration number 2011/116305/10)
Share code on AIM: EUZ
Share code on the JSE: EUZ
ISIN: AU0000014342
("Europa Metals", the "Company" or the "Group")

Viridian Metals Transaction Update

Europa Metals, ("Europa" or the "Company"), is pleased to provide a further update on the proposed
transaction with Viridian Metals Ireland Limited, ("Viridian"), and its 100% owned Tynagh brownfield
Pb/Zn/Cu/Ag project in the Republic of Ireland.

As announced on 17 September 2024, the Company entered into a conditional term sheet regarding
the proposed acquisition of Viridian ("Term Sheet") ("Proposed Transaction"). The Term Sheet is
binding as to a mutual 150 day period of exclusivity, with the parties continuing to work through the
conditions precedent to the Proposed Transaction as well as the Company seeking additional near
term funding for work on the Proposed Transaction. Due to the festive period, ongoing discussions
with a range of parties in relation to funding the Proposed Transaction and development of the
Tynagh project have been impacted. Discussions to date remain confidential and incomplete.

Shareholders are reminded that, given that the Company is currently unable to provide full disclosure
under the AIM Rules, the Company's listing in its ordinary shares on AIM and trading from the London
Stock Exchange ("LSE") is currently suspended pending publication of the Admission Document or
an announcement that the Proposed Transaction is not proceeding. The Company's shares are not
currently suspended on the JSE Limited ("JSE"). Shareholders on the JSE are advised to continue
to exercise caution when dealing in the Company's shares until full disclosure regarding the
Proposed Transaction is made.

The Company will provide further updates as the Proposed Transaction progresses.


For further information on the Company, please visit www.europametals.com or contact:

Europa Metals Ltd
Dan Smith, Non-Executive Director and Company Secretary (Australia)
T: +61 8 9486 4036
E: dsmith@europametals.com

Myles Campion, Executive Chairman and acting CEO (UK)
E: mcampion@europametals.com

Beaumont Cornish (Nominated Adviser/Broker)
James Biddle/Roland Cornish
T: +44 (0) 20 7628 3396

Questco Corporate Advisory Proprietary Limited (JSE Sponsor)
Danielle Christodoulou
T: +27 63 482 3802

United Kingdom
22 January 2025


The information contained within this announcement is deemed by the Company to constitute inside information as
stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law pursuant
to the European Union (Withdrawal) Act 2018, as amended.

Nominated Adviser
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by
the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise
and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers,
are owed solely to the LSE. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing
protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements
described in this announcement or any matter referred to in it.

Date: 22-01-2025 09:00:00
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