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EUROPA METALS LIMITED - Viridian Metals Transaction Update

Release Date: 28/10/2024 16:00
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") the European focused lead, zinc and silver developer,
is pleased to provide an 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 ("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 finalising terms for the near term
funding for work on the Proposed Transaction.

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 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 (11) 011 9216

United Kingdom
28 October 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: 28-10-2024 04:00:00
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