Disposal of MetalNRG Shares

EQTEC plc (AIM:EQT), a leading licensor and innovator of syngas technology for clean conversion of the world's waste into sustainable energy and biofuels, to power the circular economy, announces the sale of its entire holding, being 60,606,061 shares, in MetalNRG plc ("MNRG") (LON:MNRG), the natural resources company, for total consideration of c. £0.2 million.

EQTEC no longer considers its holding in MNRG to be strategic, following MNRG's decision to withdraw from new energy infrastructure development to refocus on core mining opportunities. The investment was previously written off in EQTEC's audited results for the year ended 31 December 2023.

This disposal reflects EQTEC's commitment to prioritising assets and partnerships that directly support its mission to advance sustainable energy and fuel solutions. The proceeds from the sale will be reinvested into EQTEC's core business activities, furthering its efforts to deliver clean, renewable energy and alternative fuels from waste.

Further information on the Company can be found at www.eqtec.com.