Results of Retail Offer

The Board of Blencowe Resources plc announces that the Retail Offer launched on 15 April 2025 has now closed and has raised £86,961.87 through the issue of 2,898,729 Retail Offer Shares at a price of 3 pence each.

Admission to Trading

Application will be made for 2,898,729 Retail Offer Shares and the 33,333,334 Placing Shares resulting in an aggregate of 36,232,063 new ordinary shares to be admitted to trading on the Equity Shares (Transition) category of the official list and the main market of the London Stock Exchange from 8.00 a.m. on 24 April 2025. These new ordinary shares will rank pari passu with the Existing Ordinary Shares.

Total Voting Rights

In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission of the Placing Shares and Retail Offer Shares, the Company's enlarged issued ordinary share capital will comprise 328,308,683 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to 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.

Unless otherwise defined, all capitalised terms used but not defined in this announcement shall have the meaning given to them in the announcement of the Placing made by the Company on 15 April 2025.