Exercise of Warrants and Issue of Equity

Alien Metals Limited (AIM: UFO), a minerals exploration and development company, announces that it has received notice of warrant exercise in respect of 18,518,518 ordinary shares of no par value in the capital of the Company at an issue price of 0.135 pence per share ("New Ordinary Shares"), raising £25,000 for the Company.

Admission and Total Voting Rights

Application will be made to the London Stock Exchange for Admission of the 18,518,518 New Ordinary Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the New Ordinary Shares will commence at 8.00 a.m. on or around 3 February 2026.

Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 11,566,450,192 with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company's issued share capital pursuant to the Company's Articles.

For further information, please visit the Company's website at www.alienmetals.uk or contact:

Strand Hanson (Financial and Nominated Adviser)

James Harris / James Dance / Edward Foulkes Tel: +44 (0) 207 409 3494

Zeus Capital Limited (Joint Broker)

Harry Ansell / Katy Mitchell

Tel +44 (0) 203 829 5000

Turner Pope (Joint Broker)

Andy Thacker / Guy McDougall

CMC Markets (Joint Broker)

Douglas Crippen

Yellow Jersey (Financial PR)

Charles Goodwin / Shivantha Thambirajah