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Empire Metals Limited Announces Exercise of Options

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Empire Metals Limited (OTCQX:EPMLF) has announced that employees from the company and its operating subsidiary have exercised options for a total of 3,000,000 new ordinary shares. The exercise includes 2,500,000 shares at 14 pence per share and 500,000 shares at 2.5 pence per share, generating an aggregate cash value of £362,500.

The company will apply for admission of these new shares to trading on AIM, with admission expected around September 18, 2025. Following the admission, Empire Metals' total issued share capital will comprise 693,393,221 ordinary shares, representing the total number of voting rights in the company.

Empire Metals Limited (OTCQX:EPMLF) ha comunicato che i dipendenti della società e della sua controllata operativa hanno esercitato opzioni per un totale di 3.000.000 nuove azioni ordinarie. L'esercizio comprende 2.500.000 azioni al prezzo di 14 pence per azione e 500.000 azioni al prezzo di 2,5 pence per azione, generando un valore monetario complessivo di £362.500.

La società richiederà l'ammissione di queste nuove azioni alla negoziazione su AIM, con ammissione prevista intorno al 18 settembre 2025. Dopo l'ammissione, il capitale sociale emesso totale di Empire Metals sarà composto da 693.393.221 azioni ordinarie, rappresentando il numero totale di diritti di voto nella società.

Empire Metals Limited (OTCQX:EPMLF) ha anunciado que empleados de la empresa y de su filial operativa han ejercido opciones por un total de 3.000.000 nuevas acciones ordinarias. El ejercicio incluye 2.500.000 acciones a 14 pence por acción y 500.000 acciones a 2,5 pence por acción, generando un valor en efectivo total de £362.500.

La empresa solicitará la admisión de estas nuevas acciones para cotizar en AIM, con la admisión prevista alrededor del 18 de septiembre de 2025. Tras la admisión, el capital social emitido total de Empire Metals consistirá en 693.393.221 acciones ordinarias, representando el número total de derechos de voto en la empresa.

Empire Metals Limited (OTCQX:EPMLF)은 회사 및 운영 자회사 직원들이 총 3,000,000주의 신규 보통주 옵션을 행사했다고 발표했습니다. 행사에는 2,500,000주를 주당 14펜스에, 500,000주를 주당 2.5펜스에 각각 매입하는 것이 포함되며, 총 현금 가치는 £362,500입니다.

회사는 이러한 신규 주식의 AIM 상장 승인을 신청할 것이며, 상장은 2025년 9월 18일경으로 예상됩니다. 상장 이후 Empire Metals의 총 발행 주식은 693,393,221주의 보통주로 구성되며, 이는 회사의 의결권 총수를 나타냅니다.

Empire Metals Limited (OTCQX:EPMLF) a annoncé que des employés de la société et de sa filiale opérationnelle ont exercé des options sur un total de 3 000 000 nouvelles actions ordinaires. L’exercice comprend 2 500 000 actions à 14 pence par action et 500 000 actions à 2,5 pence par action, générant une valeur en liquidités de £362 500.

La société déposera une demande d’admission à la négociation sur AIM pour ces nouvelles actions, l’admission étant attendue autour du 18 septembre 2025. Suite à l’admission, le capital social total émis de Empire Metals sera composé de 693 393 221 actions ordinaires, représentant le nombre total de droits de vote de la société.

Empire Metals Limited (OTCQX:EPMLF) hat bekannt gegeben, dass Mitarbeiter des Unternehmens und seiner operativen Tochtergesellschaft Optionen auf insgesamt 3.000.000 neue Stammaktien ausgeübt haben. Die Ausübung umfasst 2.500.000 Aktien zu je 14 Pence pro Aktie und 500.000 Aktien zu je 2,5 Pence pro Aktie, was einen barwertigen Bruttobetrag von £362.500 ergibt.

Das Unternehmen wird die Zulassung dieser neuen Aktien zum Handel an der AIM beantragen, mit voraussichtlicher Zulassung um 18. September 2025. Nach der Zulassung wird das insgesamt ausgegebene Aktienkapital von Empire Metals 693.393.221 Stammaktien umfassen, was der Gesamtzahl der Stimmrechte des Unternehmens entspricht.

Empire Metals Limited (OTCQX:EPMLF) أعلن أن موظفي الشركة والكيان العامل قد مارسوا خيارات على إجمالي 3,000,000 سهماً عادياً جديداً. يشمل ذلك 2,500,000 سهماً بسعر 14 بنساً للسهم و 500,000 سهم بسعر 2.5 بنس للسهم، مما يولد قيمة نقدية إجمالية قدرها £362,500.

ستقدم الشركة طلب إدراج هذه الأسهم الجديدة للتداول في AIM، مع توقع الإدراج نحو 18 سبتمبر 2025. بعد الإدراج، سيشمل رأس المال المُصدر الإجمالي لـ Empire Metals 693,393,221 سهماً عادياً، ممثلاً إجمالي حقوق التصويت في الشركة.

Empire Metals Limited (OTCQX:EPMLF) 已宣布,公司及其运营子公司员工共行使了总计3,000,000 股新普通股的认股权。此次行使包括2,500,000 股,价格为每股14 便士,以及500,000 股,价格为每股2.5 便士,总现金价值为£362,500

公司将申请将这些新股在AIM上市,预计上市时间在2025年9月18日左右。上市后,Empire Metals 的总发行股本将为693,393,221 股普通股,代表公司总投票权数。

Positive
  • Company received £362,500 in cash from options exercise
  • Employee participation in options exercise demonstrates confidence in company
Negative
  • Dilution of existing shareholders due to 3,000,000 new shares being issued

CITY OF LONDON, GB / ACCESS Newswire / September 12, 2025 / Empire Metals Limited (LON:EEE)(OTCQX:EPMLF), the AIM-quoted resource exploration and development company, announces that it has received notification from employees of the Company and its operating subsidiary, in their capacity as option holders, to exercise options over 2,500,000 new ordinary shares of no par value in the share capital of the Company (the 'New Ordinary Shares') at a price of 14 pence per share and 500,000 new ordinary shares of no par value in the share capital of the Company (the 'New Ordinary Shares') at a price of 2.5 pence per share. Accordingly, the Company has today issued the New Ordinary Shares to the option holder for an aggregate cash value of £362,500.

Application for Admission

Application will be made to the London Stock Exchange for the new shares to be admitted to trading on AIM ('Admission'). It is expected that Admission will become effective on or around 18 September 2025.

Following Admission of the new shares as described above, the issued share capital of the Company will consist of 693,393,221 ordinary shares of no-par value. 693,393,221 represents the total number of voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

**ENDS**

For further information please visit www.empiremetals.co.uk or contact:

Empire Metals Ltd

Shaun Bunn / Greg Kuenzel / Arabella Burwell

Tel: 020 4583 1440

S. P. Angel Corporate Finance LLP (Nomad & Broker)

Ewan Leggat / Adam Cowl

Tel: 020 3470 0470

Shard Capital Partners LLP (Joint Broker)

Damon Heath

Tel: 020 7186 9950

St Brides Partners Ltd (Financial PR)

Susie Geliher / Charlotte Page

Tel: 020 7236 1177

About Empire Metals Limited

Empire Metals is an AIM-listed and OTCQX-traded exploration and resource development company (LON:EEE)(OTCQX:EPMLF) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.

The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the in-situ mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, in-situ bedded TiO₂ mineralisation, each being over 7km in strike length.

An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2. Included within the total Exploration Target* is a subset that covers the in-situ weathered sandstone zone, which extends from surface to an average vertical depth of 30m to 40m and is estimated to contain between 4.0 to 4.9 billion tonnes with a grade range of 4.8 to 5.9% TiO2.

The Exploration Target* covers an area less than 20% of the overall mineral system at Pitfield which demonstrates the potential for significant further upside.

Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.

The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria.

*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. See RNS dated 12 June 2024 for full details.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Empire Metals Limited



View the original press release on ACCESS Newswire

FAQ

How many new shares is Empire Metals (EPMLF) issuing through the options exercise?

Empire Metals is issuing 3,000,000 new ordinary shares, with 2,500,000 shares at 14 pence per share and 500,000 shares at 2.5 pence per share.

What is the total cash value Empire Metals will receive from the options exercise?

Empire Metals will receive a total of £362,500 from the options exercise.

When will the new Empire Metals shares be admitted to trading on AIM?

The new shares are expected to be admitted to trading on AIM on or around September 18, 2025.

What will be Empire Metals' total issued share capital after the options exercise?

Following the admission of new shares, Empire Metals' total issued share capital will consist of 693,393,221 ordinary shares.
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