26 February 2026
Anglesey Mining plc
("Anglesey" or the "Company")
Exercising of Energold Warrants
Anglesey Mining plc (AIM : AYM), the UK minerals exploration and development
company, announces the issue of 4,607,081 new ordinary shares in accordance
with the company's news releases of the 5 and 11 December 2025. Anglesey
received notification on the 25 February 2026 from Energold Minerals Inc.
("Energold") to convert its warrants (the "Warrants") to 4,607,081 new
Ordinary Shares.
Energold completed a strategic investment of £350,000 in Anglesey through the
purchase of exchangeable warrants priced at 7.6 pence each (price adjusted for
post-dating share consolidation announced on 12 February 2026), representing a
17% premium on the 25 February 2026 closing price.
Anglesey's focus is now on development of its wholly owned Parys Mountain
copper-zinc-lead-silver-gold project on the Isle of Anglesey, North Wales; one
of the largest undeveloped polymetallic deposits in the United Kingdom.
Rob Marsden Chief Executive Officer of Anglesey Mining, commented:
"We are pleased Energold has exercised all of its warrants; this further
strengthens Anglesey's shareholder register and reflects continued confidence
from its largest and longstanding shareholder. Together with the recently
completed debt restructuring, this transaction marks another important step in
reinforcing our financial position.
With a strengthened balance sheet, Anglesey is now able to
fully focus on delivering an exploration and development
strategy for all our shareholders, at its 100%-owned Parys Mountain
copper-zinc-lead-gold project"
John Kearney , Chairman of Energold Minerals, commented:
"I have supported Anglesey Mining plc for over 30 years, including serving as
Chairman until October 2023. Copper is a strategically critical mineral, and
Parys Mountain represents the only advanced mine development opportunity in
the United Kingdom. Energold Minerals' continued investment, including through
our exercise
of 7.6p warrants, reflects our ongoing long-term support for Anglesey Mining
and the Parys Mountain Project."
Application for Admission
Application will be made for the 4,607,081 new Ordinary Shares to be admitted
to trading on AIM ("Admission"). It is expected that Admission will become
effective and that dealings in the new Ordinary Shares will commence on AIM at
8.00 a.m. on or around 4 March 2026.
Following Admission, the Company's issued share capital will comprise
53,089,307 Ordinary Shares. This figure may be used by shareholders as the
denominator for 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 FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact:
Anglesey Mining plc
Rob Marsden, Chief Executive Officer - Tel: +44 (0)7531 475111
Andrew King, Chairman - Tel: +44 (0)7825 963700
Davy
Nominated Adviser & Joint Corporate Broker
Brian Garrahy / Daragh O'Reilly - Tel: +353 1 679 6363
LEI: 213800X8BO8EK2B4HQ71
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