Sovereign Metals #SVML – Director/PDMR Notification
Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX:SVMLF) (Sovereign or the Company) advises that it has been notified that, on Mr Ben Stoikovich, Director, completed an agency transfer of 1,500,000 ordinary shares held in Sovereign (via his nominee) to his Self-Invested Personal Pension (SIPP) account in which he retains the beneficial interest. The transactions were undertaken solely to transfer the ordinary […]
#SVML Sovereign Metals Ltd – SVM Advances U.S. Strategy as Rio Collab Concludes
HIGHLIGHTS · Rio Tinto has notified Sovereign that it will not exercise its right to elect to become operator of Sovereign’s Kasiya Rutile-Graphite Project under the Investment Agreement · Rio Tinto has advised the Company, in its formal notice, that its decision reflects its change in corporate strategy regarding its Titanium business · Accordingly, certain rights that Rio […]
#SVML Sovereign Metals LTD – Lapse of Performance Rights
Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX:SVMLF) (Sovereign or the Company) advises that 6,190,000 unlisted performance rights that were subject to the “Final Investment Decision Milestone” lapsed on 30 June 2026 without exercise or conversion. Following the lapse of these unlisted performance rights, the Company has the following securities on issue: · 655,961,203 fully paid ordinary shares (of no par value); and […]
#SVML Sovereign Metals LTD – Change of Director’s Interest Notice
Julian Stephens sold 1m shares for A$675,000 and now holds 13,157,518 shares Enquiries Frank Eagar, Managing Director & CEO South Africa / Malawi +27 21 140 3190 Sapan Ghai, CCO London +44 207 478 3900 Nominated Adviser on AIM and Joint Broker SP Angel Corporate Finance LLP +44 20 3470 0470 Ewan Leggat […]
#SVML Sovereign Metals LTD – March 2026 Quarterly Report
Sovereign Metals Limited (ASX:SVM, AIM:SVML, OTCQX:SVMLF) (Sovereign or the Company) is pleased to provide its quarterly report for the period ended 31 March 2026 including advances made at its Kasiya Rutile-Graphite Project (Kasiya or the Project) in Malawi. HIGHLIGHTS DURING AND SUBSEQUENT TO THE QUARTER Kasiya Definitive Feasibility Study Delivers Outstanding Results • Pre-tax NPV8 of US$2.2 billion on capital […]
#SVML Sovereign Metals LTD – Issue of Shares on Conversion of Performance Right
Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX:SVMLF) (Sovereign or the Company) advises that it has issued 9,022,500 fully paid ordinary shares (Shares) upon the conversion of 9,022,500 unlisted performance rights upon satisfaction of the Bankable Definitive Feasibility Study Milestone held by certain directors, employees and consultants of the Company pursuant to its shareholder approved Employee Equity Incentive Plan for nil consideration. […]
#SVML Sovereign Metals LTD – Kasiya Definitive Feasibility Study Results
OUTSTANDING FINANCIAL RETURNS Steady State annual EBITDA US$476M and Free Cash Flow (pre-tax, unlevered) US$452M Total revenue of US$16.2Bn over 25-year initial mine life, with potential for mine life extensions Pre-tax NPV₈ of US$2.2 billion NPV/Capex ratio of 3.0x – capital expenditure to first production of US$727 million Operating cost of just US$450/t product (FOB Nacala) – underpinning strong margin resilience […]
#SVML Sovereign Metals Limited – Successful Rehabilitation Trials
KEY HIGHLIGHTS · Critical DFS workstream de-risked – Mine Closure and Rehabilitation Plan based on empirical field data from Sovereign’s successful pilot mining and rehabilitation trial. · Second year of rehabilitation trials near completion – Extended programme builds on proven first-year results and demonstrates that land can be rehabilitated post mining, with refined rehabilitation methods improving crop yields by 520% over […]
#SVML Sovereign Metals Limited – Change of Director’s Interest Notice x4
LAPSE OF PERFORMANCE RIGHTS Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX:SVMLF) (Sovereign or the Company) advises that 4,992,500 unlisted performance rights that were subject to the “Mining Licence Milestone” lapsed on 31 March 2026 without exercise or conversion. Following the lapse of these unlisted performance rights, the Company has the following securities on issue: · 646,938,703 fully paid ordinary shares (of no […]
#SVML Sovereign Metals LTD – Ceasing to be a Substantial Holder
Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX: SVMLF) (Sovereign or the Company) advises that it was notified today, via the filing of a Form 605 with the Australian Securities Exchange (ASX), that Sprott Inc. and each of its controlled bodies (Sprott) have ceased to be a substantial holder (as defined by the Corporations Act 2001) of […]