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REG - Neo Energy Metals - Restoration of Listing and Suspension Lift

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RNS Number : 9018V  Neo Energy Metals PLC  09 March 2026

Neo Energy Metals plc / LSE: NEO, A2X: NEO / Market: Main Market of the London
Stock Exchange

 

9 March 2026

 

Neo Energy Metals plc

('Neo Energy' or 'the Company')

Restoration of Listing and Suspension Lift

Neo Energy Metals plc is pleased to announce that, following the Company's
compliance with the requirements set by the Financial Conduct Authority
('FCA'), the suspension of the listing of the Company's ordinary shares has
been lifted.

The Company confirms that it has now addressed the relevant FCA requirements
and has taken the necessary steps to support the resumption of trading in its
securities.

The Board and Executive Managment would like to express its sincere gratitude
to shareholders for their patience, ongoing support, and understanding
throughout the suspension period. The Board acknowledges the inconvenience
caused by the suspension and greatly appreciates the confidence shown in the
Company during this time.

During this period, Managment has also worked to strengthen its internal
governance, compliance processes, and reporting framework. Several enhanced
processes and systems have been implemented to improve oversight and ensure
stronger ongoing compliance with applicable listing, regulatory, and
disclosure requirements.

The Board and Executive Management team remains committed to maintaining high
standards of corporate governance and regulatory compliance, believing that
these improvements will better position the Company for the future.

Enquiries:

Jason Brewer, Executive Chairman

jason@neoenergymetals.com (mailto:jason@neoenergymetals.com)

 

Theo Botoulas, Chief Executive Officer

theo@neoenergymetals.com (mailto:theo@neoenergymetals.com)

 

De Wet Schutte, Chief Financial Officer

dewet@neoenergymetals.com (mailto:dewet@neoenergymetals.com)

 

Frederik Brand, Head Governance and Legal

frederik@neoenergymetals.com (mailto:frederik@neoenergymetals.com)

 

Michelle Krastanov, Corporate Advisor - AcaciaCap Advisors

michelle@acaciacap.co.za (mailto:michelle@acaciacap.co.za)

 

 

Notes:

This announcement contains information which is considered to be inside
information for the purposes of the UK Market Abuse Regulation. The person
responsible for arranging the release of this announcement on behalf of the
Company is Frederik Brand, Head Governance and Legal.

 

ENDS

 

About NEO Energy Metals Plc

Neo Energy Metals plc is a Uranium developer and mining company listed on the
main market of the London Stock Exchange (LSE: NEO).

The company and its South African Subsidiaries, namely Neo Uranium Resources
Beisa Mine (Pty) Limited and Neo Uranium Resources South Africa (Pty)
Ltd have continued to strengthen the uranium portfolio through conditional
agreements for the acquisitions of; 100% interest in the Beisa North
and Beisa South Uranium and Gold Projects and 100% interest in the Beatrix
4 mine and shaft complex, the processing plant complex and associated
infrastructure in the Witwatersrand Basin, located in the Free State Province
of South Africa. The combined projects total SAMREC Code compliant resource
base comprises, 117 million pounds of U₃O₈ and over 5 million ounces of
gold.

Additionally, the Company holds up to a 70% stake in the Henkries Uranium
Project, an advanced, low-cost mine located in South Africa's Northern Cape
Province.  A separate agreement, to be renegotiated, was concluded for
a 100% interest in the Henkries South Uranium Project, extending the Henkries
Project's strike length by 10km to a total of 46km of shallow paleo-channels
proven to host uranium mineralisation through extensive drilling and
feasibility studies backed by US$30 million in historic exploration and
development expenditure.

The Company is led by a proven board and management team with experience in
uranium and mineral project development in Southern Africa. Neo Energy's
strategy focuses on an accelerated development and production approach to
generate cash flow from Henkries while planning for long-term exploration and
portfolio growth in the highly prospective Uranium district of Africa.

The Company's shares are also listed on the A2X Markets (A2X: NEO), an
independent South African stock exchange, to expand its investor base and
facilitate strategic acquisitions of uranium projects, particularly within
South Africa.

 

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