First Class Metals
PLC
("First
Class Metals", "FCM" or the "Company")
Total Voting
Rights
In accordance with the FCA's
Disclosure Guidance and Transparency Rules, as at
31 October 2024, the
Company's issued share capital consists of 100,819,240
Ordinary Shares of £0.001, each with one voting right. The
Company does not hold any Ordinary Shares in treasury. Therefore,
the total number of voting rights in the Company is
100,819,240.
The above figure of 100,819,240
should be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest
in, the share capital of the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
Ends
For
Further Information:
Engage with us by asking questions,
watching video summaries, and seeing what other shareholders have
to say. Navigate to our
Interactive Investor hub here: Home | First Class
Metals (firstclassmetalsplc.com)
For
further information, please contact:
James Knowles, Executive Chair
Email: JamesK@Firstclassmetalsplc.com
Tel: 07488 362641
Marc J Sale, CEO
Email: MarcS@Firstclassmetalsplc.com
Tel: 07711 093532
Novum Securities Limited (Financial Adviser)
David Coffman / George Duxberry
Website: www.novumsecurities.com
Tel: (0)20 7399 9400
Axis Capital Markets (Broker)
Lewis Jones / Ben Tadd
Website: Axcap247.com
Tel: (0)203 026 0449
NOTES TO EDITORS
First Class Metals PLC - Background
First Class Metals listed on the LSE
in July 2022 and is focused on metals exploration in Ontario,
Canada which has a robust and thriving junior mineral exploration
sector. In particular, the Hemlo 'camp' near Marathon, Ontario is a
proven world class address for gold exploration, featuring the
Hemlo gold deposit operated by Barrick Gold (>23M oz gold
produced), with the past producing Geco and Winston Lake base metal
deposits also situated in the region.
FCM currently holds 100% ownership
of seven claim blocks covering over 180km² along a 150km strike of
the Hemlo-Schreiber-Dayohessarah greenstone belt, exploring for
gold, base metals, and rare earth element mineralization. In
addition, FCM is carrying out a joint venture with Palladium One on
the West Pickle Lake Property in the region, a drill-proven
ultra-high-grade Ni-Cu project.
The flagship property North Hemlo
had a high-definition low level magnetic Heli-borne survey flown in
April 2022, this was followed with ground prospecting which
ultimately defined the 'Dead Otter Trend' which is a discontinuous
4.5km gold anomalous trend with a 19.6g/t Au peak grab sample. This
sampling being the highest known assay ever recorded on the North
Limb of Hemlo.
In October 2022 FCM completed the
option to purchase the historical high-grade past-producing Sunbeam
gold mine near Atikokan, Ontario, ~15 km southeast of Agnico
Eagle's Hammond Reef gold deposit (3.3 Moz of open pit probable
gold reserves).
FCM acquired the Zigzag Project near
Armstrong, Ontario in March 2023. The property features
Li-Ta-bearing pegmatites in the same belt as Green Technology
Metals' Seymour Lake Project, which contains a Mineral Resource
estimate of 9.9 Mt @ 1.04% Li2O. Zigzag was drilled prior to
Christmas 2023 and results have now been released.
The significant potential of the
properties for precious, base and battery metals relates to
'nearology', since all properties lie in the same districts as
known deposits (Hemlo, Hammond Reef, Seymour Lake), and either
contain known showings, geochemical or geophysical anomalies, or
favourable structures along strike from known showings (e.g. the
Esa project, with an inferred Hemlo-style shear along strike from
known gold occurrences).