Presentation

RNS Number : 6727M

Capital Metals PLC

25 May 2022

Capital Metals plc

("CMET" or the "Company")

Presentation

Capital Metals plc (AIM:CMET), a company developing the Eastern Minerals Project in Sri Lanka (the "Project"), one of the highest-grade mineral sands projects globally, announces that an updated corporate presentation, following the recently announced independent Development Study and Preliminary Economic Assessment of the Project which demonstrated exceptional economics, can now be found on the Company's website via the link below:

https://capitalmetals.com/our-investor-relations/presentations/

For further information, please visit www.capitalmetals.com or contact:

Capital Metals plc

Michael Frayne (CEO)

James Mahony (CFO)

Via Vigo Consulting

Vigo Consulting (Investor Relations)

Ben Simons / Oliver Clark

+44 (0)20 7390 0234

capitalmetals@vigoconsulting.com

SPARK Advisory Partners (Nominated Adviser)

Neil Baldwin / James Keeshan

+44 (0)20 3368 3554

WH Ireland Limited (Joint Broker)

Harry Ansell / Katy Mitchell

+44 (0)20 7220 1666

Tavira Securities Limited (Joint Broker)

Jonathan Evans / Oliver Stansfield

+44 (0)20 7100 5100

About Capital Metals plc

Capital Metals is developing the Eastern Minerals Project in the Eastern Province of Sri Lanka, approximately 220km east of Colombo. The Eastern Minerals Project is one of the highest-grade mineral sands projects globally, with a current JORC Resource of 17.2Mt with an average grade of 17.6% Total Heavy Minerals, and potential for resource extension. Our goal is to become a high margin producer of mineral sands for the international market, with a commitment to applying best-in-class mining practices and bringing significant positive benefits to Sri Lanka and the local community with over 300 direct new jobs to be created and over US$100m in direct government royalties and taxes.

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