Exercise of Warrants and Issue of Equity

Alien Metals Limited (AIM: UFO), a minerals exploration and development company, announces that it has received notices of warrant exercise in respect of, in aggregate, 16,418,170 ordinary shares of no par value in the capital of the Company at an issue price of 0.12 pence per share ("New Ordinary Shares"), raising £19,701.80 for the Company.

Admission and Total Voting Rights

Application will be made to the London Stock Exchange for Admission of the 16,418,170 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 13 May 2026.

Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 11,633,053,548 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:

Alien Metals Limited

Bruce Garlick

Strand Hanson (Financial and Nominated Adviser)

James Harris / James Dance / Edward Foulkes

Zeus Capital Limited (Joint Broker)

Harry Ansell / Katy Mitchell

Tel +44 (0) 203 829 5000

Turner Pope (Joint Broker)

Andy Thacker / Guy McDougall

IFC Advisory (Financial PR and Investor Relations)

Tim Metcalfe / Graham Herring / Zach Cohen