Empire Metals Limited Announces Final Results

Rhea-AI Summary

Empire Metals (OTCQX:EPMLF) reported final results for year ended 31 December 2025, highlighting a maiden JORC Mineral Resource Estimate of 2.2 billion tonnes at 5.1% TiO₂ (≈113 million tonnes contained TiO₂), a produced high‑purity TiO₂ grade of 99.25%, and two successful fundraises totalling £11.5m. The company noted a cash balance of £8.4m as at 20 March 2026, inclusion in the FTSE AIM 100 effective 22 September 2025, and an Exploration Discovery of the Year award for Pitfield.

Positive

• Maiden JORC MRE: 2.2 billion tonnes @ 5.1% TiO2 (113 million tonnes contained)
• High‑purity product: TiO2 assaying 99.25% via beneficiation and refining
• Fundraising: £11.5m raised, strengthening the balance sheet
• Cash position: £8.4m cash as at 20 March 2026
• Market recognition: Added to FTSE AIM 100 (effective 22 Sep 2025)

Negative

• None.

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Final Results for the year ended 31 December 2025

LONDON, UNITED KINGDOM / ACCESS Newswire / March 23, 2026 / Empire Metals Limited ("Empire" or "the Company"), the AIM-quoted and OTCQX-traded exploration and development company, announces its final results for the year ended 31 December 2025.

The annual report and accounts for the year ended 31 December 2025 will be posted to shareholders today and will be available for download shortly from the Company's website: www.empiremetals.com.

Highlights

• Released a maiden JORC Mineral Resource Estimate ("MRE"), reporting a total of 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained titanium dioxide; and

• Achieved a very high-purity TiO2 product, assaying at 99.25% TiO2, through conventional beneficiation, leaching and refining processes; and

• Successfully raised a total of £11.5m, significantly strengthening our balance sheet and shareholder basis; and

• The Company's shares were added to the FTSE AIM 100 index, effective 22 September 2025; and

• Awarded the Exploration Discovery of the Year Award at Resourcing Tomorrow's Outstanding Achievement Awards Ceremony, in London, for its Pitfield titanium project.

• Strong cash position as at 20 March 2026 of £8.4 million.

Shaun Bunn, Managing Director, said: "2025 was a transformational year for Empire Metals. We successfully delivered our maiden MRE at Pitfield, reporting a total of 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained titanium dioxide, confirming the unique scale and quality of the Project. We also achieved a very high-purity TiO₂ product, which further endorsed Pitfield's potential as a strategically significant source of feedstock for titanium metal production.

Following two successful fundraises, we remain in a robust cash position with a strengthened shareholder register that will support us on our accelerated path to the commercialisation of the Project."

**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 & Joint Broker) Ewan Leggat / Adam Cowl	Tel: 020 3470 0470
Canaccord Genuity Limited (Joint Broker) James Asensio / Christian Calabrese / Charlie Hammond	Tel: 020 7523 8000
Shard Capital Partners LLP (Joint Broker) Damon Heath	Tel: 020 7186 9950
Tavistock (Financial PR) Emily Moss / Josephine Clerkin	empiremetals@tavistock.co.uk Tel: 020 7920 3150

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/6148X_1-2026-3-22.pdf

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Empire Metals (EPMLF) report in its 31 December 2025 final results?

Empire reported a maiden JORC MRE of 2.2 billion tonnes at 5.1% TiO2 (113 million tonnes contained). According to the company, it also achieved a 99.25% TiO2 product and raised £11.5m, with £8.4m cash at 20 March 2026.

How large is the Pitfield TiO2 resource announced by Empire Metals (EPMLF)?

The Pitfield maiden JORC MRE totals 2.2 billion tonnes grading 5.1% TiO2, equal to 113 million tonnes contained TiO2. According to the company, this underpins the project's scale and feedstock potential for titanium metal production.

What cash and financing strength did Empire Metals (EPMLF) disclose on 23 March 2026?

Empire disclosed it raised a total of £11.5m and held £8.4m cash as at 20 March 2026. According to the company, two fundraises materially strengthened the balance sheet and shareholder base for development.

What product quality did Empire Metals (EPMLF) achieve for TiO2 at Pitfield?

Empire achieved a high‑purity TiO2 product assaying 99.25% using conventional beneficiation, leaching and refining. According to the company, this supports Pitfield's suitability as feedstock for titanium metal production.

Did Empire Metals (EPMLF) receive any awards or index inclusions in 2025?

Yes. Empire was added to the FTSE AIM 100 effective 22 September 2025 and won Exploration Discovery of the Year for Pitfield. According to the company, these recognitions reflect the project's industry standing.