Holding(s) in Company
Capital Metals PLC announced that Sheffield Resources Limited has sold its entire 49,173,418 shareholding, representing approximately 10% of the issued share capital, to new institutional and high net worth investors, including existing shareholders and associates of Ambeon Capital PLC, the company's largest shareholder. This placement was completed on 27 January 2026, and Sheffield Resources no longer holds an interest in Capital Metals.
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Holding in Company
Capital Metals (AIM: CMET), a mineral sands company approaching mine development stage at its high-grade Taprobane Minerals Project in Sri Lanka (the "Project"), announces that Sheffield Resources Limited (ASX: SFX) ("Sheffield") has on 27 January 2026 sold the 49,173,418 shares it held in Capital Metals and no longer holds an interest in the Company. Capital Metals is pleased to note that Sheffield's entire shareholding (approximately 10% of the issued share capital) was placed out with new institutional and high net worth investors including existing shareholders and associates of Ambeon Capital PLC in Sri Lanka, the Company's largest shareholder (owning 12.1% of the issued share capital).
Greg Martyr, Executive Chairman of Capital Metals, commented:
"We appreciate the support of Sheffield as a strategic investor, including several follow-on investments as recently as September 2025 to maintain its shareholding. We understand the context in which Sheffield has sold its position, given the well-publicised working capital challenges in relation to its Thunderbird Mineral Sands Mine in Western Australia. Demand from other high-quality investors, including Sri Lankans, has enabled Sheffield's holding to be fully transferred."
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