Empire Metals Restricted Proclaims Appointment of Joint Company Dealer

Empire Metals Restricted, the AIM-quoted and OTCQX-traded exploration and growth firm, is happy to announce the appointment of Canaccord Genuity Restricted (“Canaccord“) as joint company dealer with speedy impact. Canaccord will work alongside S. P. Angel Company Finance LLP and Shard Capital Companions LLP.

For additional info please go to www.empiremetals.co.uk or contact:

About Empire Metals Restricted

Empire Metals Ltd (AIM:EEE and OTCQX:EPMLF) is an exploration and useful resource growth firm targeted on the speedy commercialisation of the Pitfield Titanium Undertaking, situated in Western Australia. The titanium discovery at Pitfield is of unprecedented scale and hosts one of many largest and highest-grade titanium assets reported globally, with a Mineral Useful resource Estimate (MRE) totalling 2.2 billion tonnes grading 5.1% TiO₂ for 113 million tonnes of contained TiO₂.

The MRE, which covers solely the Thomas and Cosgrove deposits, features a weathered zone useful resource of 1.26 billion tonnes at 5.2% TiO₂ and a major Indicated Useful resource of 697 million tonnes at 5.3% TiO₂, predominantly from the Thomas deposit. Titanium mineralisation at Pitfield happens from floor and shows distinctive grade continuity alongside strike and down dip. The MRE extends throughout simply 20% of the identified mineralised footprint, offering substantial potential for additional useful resource enlargement.

Typical processing has already produced a high-purity product grading 99.25% TiO₂, appropriate for titanium sponge steel or pigment feedstock. The friable, in-situ weathered zone helps low-cost, strip mining with out the necessity for blasting or overburden removing.

With wonderful logistics and established infrastructure, together with rail hyperlinks to deep-water ports with direct entry to Asia, the USA, Europe and Saudi Arabia, Pitfield is strategically positioned to produce the rising international demand for titanium and different vital minerals.

Empire is now accelerating the financial growth of Pitfield, with a imaginative and prescient to supply a high-value titanium steel and/or pigment high quality product at Pitfield, to understand the complete worth potential of this distinctive deposit.

The Firm additionally has two additional exploration initiatives in Australia; the Eclipse Undertaking and the Walton Undertaking in Western Australia, along with three valuable metals initiatives situated in a traditionally high-grade gold producing area of Austria.

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