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Application for OTCID Quotation

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First Class Metals PLC has applied for its ordinary shares to be quoted on the OTCID basic market as an International Reporting Company, a process expected to conclude within six to eight weeks. This move aims to provide improved trading access for United States investors and enhance the company's visibility in a key market, while shares will continue to trade on the London Stock Exchange under the ticker LSE: FCM.

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First Class Metals PLC (LSE: FCM) ("FCM" or the "Company"), the Ontario-focused gold and critical metals exploration company, is pleased to announce that it has submitted an application to OTC Markets Group ("OTC Markets") for the Company's ordinary shares to be quoted on the OTCID basic market ("OTCID") as an International Reporting Company.

The Company has been informed that the OTCID quotation process is likely to complete within approximately six to eight weeks, subject to final approval by the OTC markets. The OTCID quotation is expected to provide improved access to trading in the Company's shares for investors in the United States of America and further enhance the Company's visibility within a key investor market.

The Company's ordinary shares will continue to trade on the London Stock Exchange under the ticker LSE: FCM.

James Knowles, Executive Chairman of First Class Metals, commented:

"The strong level of interest generated following our recent strategic corporate transaction has highlighted the importance of broadening access to the Company's shares for North American investors. With our portfolio of gold and critical metals projects located in Ontario, Canada, an OTCID listing is a logical next step that will make it easier for North American investors to invest in First Class Metals and increase our profile in a key market. We look forward to updating the market on the progress of our application in due course."

For further information please visit our Investor Hub - https://firstclassmetalsplc.com/link/e9Bbzr

James Knowles, Executive Chair

Marc J Sale, CEO and Executive Director

AlbR Capital Limited (Financial Adviser)

David Coffman/Dan Harris

Axis Capital Markets (Broker)

Richard Hutchinson

First Class Metals PLC - Background

FCM currently holds 100% ownership of six claim blocks covering over 260km² in northwest Ontario. A further three blocks are under option and cover an additional 60km². FCM is focused on exploring for gold but has base metals and critical metals exploration projects. FCM maintains a joint venture with GT Resources on the West Pickle Lake Property, a drill-proven high-grade Ni-Cu project.

The flagship properties, North Hemlo and Sunbeam, are gold focused. North Hemlo has a significant discovery in the Dead Otter trend which is a discontinuous 3.5km gold anomalous trend with a 19.6g/t Au peak grab sample. This sampling being the highest known assay from a grab sample ever recorded on the North Limb of Hemlo.

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 successfully drilled prior to Christmas 2023.FCM now owns 80% of the property and has entered into a JV with Nuinsco Resources Limited.

The Kerrs Gold property is located in northeastern Ontario within the Abitibi Greenstone Belt, one of the world's most prolific gold-producing regions. The project holds a historical inferred resource of approximately 386,000 ounces of gold, underscoring its potential as a meaningful addition to FCM's expanding gold portfolio. Kerrs Gold complements the First Class Metal's exploration strategy and provides exposure to a well-established mining district. FCM is currently reviewing plans to advance the project and further unlock its value.100% ownership of the Kerrs property was achieved in H1 2026.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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