Exercise of Warrants, Issue of Equity and TVR

Alien Metals Limited (AIM: UFO), a minerals exploration and development company, announces that it has received notices of warrant exercise in respect of, 45,833,334 ordinary shares of no par value in the capital of the Company ("Ordinary Shares") at an issue price of 0.12 pence per share and 10,000,000 Ordinary Shares at an issue price of 0.08 pence per share, raising, in aggregate, £63,000 for the Company.

Admission and Total Voting Rights

Application will be made to the London Stock Exchange for Admission of the 55,833,334 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 8 June 2026.

Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 11,723,053,549 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

Turner Pope (Broker)

Andy Thacker / Guy McDougall

IFC Advisory (Financial PR and Investor Relations)

Tim Metcalfe / Graham Herring / Zach Cohen