Soverign Metals Ltd #SVML – Notice of GM

Sovereign Metals Limited (ASX: SVM, AIM: SVML) (the Company) advises that a General Meeting (Meeting) will be held on 23 August 2023 at 10:00am (AWST) at the Conference Room, Ground Floor, 28 The Esplanade, Perth, Western Australia 6000. In accordance with 110D of the Corporations Act 2001 (Cth), the Company will not be dispatching physical […]

Sovereign Metals #SVML – Rio to Invest $40.4m to Become Strategic Investor

  RIO TINTO TO INVEST $40.4 MILLION AND BECOME A 15% STRATEGIC INVESTOR IN SOVEREIGN ·     Rio Tinto to make an investment of A$40.4 million in Sovereign resulting in an initial 15% shareholding ·     Investment proceeds will be used to advance the Kasiya Rutile-Graphite Project in Malawi ·     Rio Tinto’s investment represents a significant step […]

Sovereign Metals #SVML – Change of AIM Nominated Adviser

Sovereign Metals Limited (Sovereign or the Company) (ASX:SVM, AIM:SVML) is pleased to announce the appointment of SP Angel Corporate Finance LLP as the Company’s AIM Nominated Adviser and Joint Broker, with effect from 21 June 2023, replacing the Company’s outgoing Nominated Adviser, RFC Ambrian Limited. Berenberg and Optiva Securities will continue as the Company’s Joint Brokers.   ENQUIRIES […]

Sovereign Metals #SVML – Graphite Bulk Sample Operations Commenced

GRAPHITE BULK SAMPLE OPERATIONS COMMENCED   ·       Bulk sample program commenced to produce larger volumes of natural graphite from Kasiya. Samples to be used for downstream testwork and product qualification for the lithium-ion battery sector ·       Initial four tonnes of flake graphite pre-concentrate produced at the Company’s laboratory in Malawi ready for despatch to world […]

Sovereign Metals #SVML – Kasiya Graphite for use in Lithium ion Batteries

KASIYA GRAPHITE SHOWS EXCELLENT SUITABILITY FOR USE IN LITHIUM ION BATTERIES ·    Downstream testwork on Kasiya’s graphite co-product demonstrated it to have superior qualities showing excellent suitability for use in lithium-ion batteries ·       Key outcomes were: o  Near perfect crystallinity – an indicator of battery anode performance o  Above benchmark >99.95% carbon purity achieved o  No critical impurities or deleterious […]

Sovereign Metals Limited #SVML – Lapse of Performance Rights

The Company advises that, in accordance with the Company’s shareholder approved Employee Incentive Plan, the following performance rights have been cancelled for no consideration following cessation of employment with the Company: ·    450,000 performance rights subject to the “Feasibility Study Announcement Milestone” expiring on or before 31 December 2025. Following the cancellation, Sovereign has the […]

#SVML Sovereign Metals Ltd – Expiry of Unlisted Options

Sovereign Metals Limited (Sovereign or the Company) (ASX:SVM, AIM:SVML) advises that 11,105,125 unlisted options exercisable at A$0.80 each expired on 13 May 2023. Following the expiry of unlisted options, Sovereign has the following securities on issue: ·    470,875,023 ordinary fully paid shares; ·   6,100,000 unlisted performance rights subject to the “Pre-Feasibility Study Announcement Milestone” expiring on […]

#SVML Sovereign Metals LTD – March 2023 Quarterly Report

Indicated Resource Increased by over 80%  ·        Kasiya’s Indicated Resource now stands at 1.2 Billion tonnes at 1.0% rutile and 1.5% graphite with over 66% of tonnes now in the Indicated category. ·        Updated Mineral Resource Estimate (MRE) moves over 0.5 Billion tonnes from Inferred to Indicated – an increase of 81% to the Indicated […]

#SVML Sovereign Metals PLC – Kasiya Indicated Resource Increased By Over 80%

·     Kasiya Indicated Resource now stands at 1.2 Billion tonnes at 1.0% rutile and 1.5% graphite ·     Updated Mineral Resource Estimate (MRE) moves over 0.5 Billion tonnes from Inferred to Indicated – an increase of 81% to the Indicated category ·     Over 66% of total MRE now in the Indicated category ·     Kasiya’s global MRE […]