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Update re Stake in Evolution Energy Minerals

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Metals One's shares in Evolution Energy Minerals expected to list on ASX around 17 September 2025.

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Further to the announcement earlier today regarding Metals One's participation in the Rights Issue of Evolution Energy Minerals Ltd (ASX: EV1) ("Evolution"), the Company has been informed that admission of Metals One's shares in Evolution to the Australian Securities Exchange pursuant to the Rights Issue is now expected to occur on or around 17 September 2025.

Red Basin ProjectUUSA35%Completed - August 2025
Squaw Creek ProjectUUSA100%Completed - July 2025
Swales ProjectAuUSA100%Completed - June 2025
Uravan Belt ProjectU, VUSA100%Completed - July 2025
Vanadium King ProjectU, VUSA75%Completed - August 2025
Wedding Bell ProjectU, VUSA75%Completed - August 2025

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