Exercise of Warrants and Total Voting Rights

Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), a gold producer, exploration, and development company with assets in the Philippines and Nicaragua, announces that it has received notices of exercise in respect of, in aggregate, 1,233,818 warrants over new ordinary shares of £0.0001 each ("Ordinary Shares") at an exercise price of £0.0605 each, raising £74,646 for the Company.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange plc for the admission of 1,233,818 new Ordinary Shares to trading on AIM ("Admission"), which is expected to take place at 8.00 a.m. on or around 30 June 2025.

Following Admission, the Company will have 3,217,284,188 Ordinary Shares in issue, of which 299,385,458 ordinary shares are held in treasury, and, accordingly, the total number of voting rights is 2,917,898,730. Therefore, this figure may be used by shareholders in the Company as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.