Future Metals extends closing date for entitlement offer

PERTH - Future Metals NL (ASX | AIM:FME), the Australia-based mining company, announced on Tuesday that it is extending the closing date for its current Entitlement Offer to 5:00 pm AWST / 10:00 am BST on June 13, 2025. This decision follows a request from the Foreign Investment Review Board (FIRB) for additional time to complete the underwriting application process for Zeta, a key participant in the offer.

The extension aims to provide Zeta with sufficient time to receive FIRB confirmation and also allows eligible shareholders a more extended period to evaluate their participation in the entitlement. The company initially launched the Entitlement Offer on May 7, 2025, with details provided in the Entitlement Offer Booklet dated May 15, 2025.

As per the revised schedule, the Entitlement Offer will now close on Friday, June 13, 2025. The announcement of the results and the issue of new shares under the offer are slated for June 20, 2025. The new shares are expected to commence normal trading on both the ASX and AIM on June 23, 2025, with CREST accounts being credited on the same day.

Future Metals NL has stated that, in accordance with applicable laws and regulations, it reserves the right to adjust the offer’s timeline, including the possibility of a further extension of the closing date or acceptance of late applications.

The company has urged eligible shareholders to read the Offer Booklet thoroughly and consult with professional advisors as needed. The booklet contains essential details about the offer and the associated risks of investing in the company. Applications for the securities under the Entitlement Offer can only be made by completing the form accompanying the Offer Booklet.

This announcement has been authorized for release by the Board of Future Metals NL and is based on a press release statement. Shareholders with further inquiries or those holding Depositary Interests are encouraged to refer to the letter distributed alongside the Offer Booklet or contact Computershare Investor Services PLC for more information.

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