Completion of Disposal of Toral Project 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") Completion of Disposal of Toral Project Europa Metals, is pleased to announce that it has now completed its previously announced disposal of 100% of the issued and outstanding shares of Europa Metals Iberia S.L. ("EMI"), the Spanish subsidiary holding the Toral Zn-Pb-Ag Project (the "Toral Project") in the Leon Province, Northern Spain to Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals") In accordance with the agreement with Denarius Metals as announced on 17 September 2024, Europa Metals has now been issued 7,000,000 common shares in Denarius Metals which are subject to a hold period ending on March 13, 2025. The former Option and Loan Agreements dated November 22, 2022 between Europa Metals and the Denarius Metals were terminated on closing of the Transaction. As advised following completion of the disposal, the Company is now an 'AIM Rule 15 cash shell' and, as such, the Company shall have six months to make an acquisition or acquisitions which constitute a reverse takeover under AIM Rule 14 after which the shares would be suspended. Europa Metals is continuing to work on the transaction previously announced with Viridian Metals and its Tynagh re-cycling and reclamation project in the Republic of Ireland. 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 13 November 2024 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 London Stock Exchange. 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: 13-11-2024 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.