London Stock Exchange today welcomes Technology Minerals Plc (“TM” or the “Company”), the first listed UK company focused on creating a sustainable circular economy for battery metals, to begin trading on its Main Market under the ticker symbol “TM1”.

Following the successful pre-IPO fundraise of approximately £5 million, the Company has raised gross proceeds of approximately £1.5 million (before expenses) through a placing of 66,666,667 New Ordinary Shares at a price of 2.25 pence per Ordinary Share. On Admission, the Company has 1,212,312,941 Ordinary Shares in issue, with a market capitalisation of just under £27.3 million.

Technology Minerals is a majority shareholder across a portfolio of global battery metal projects and the Company owns 49% of a battery-recycling business, Recyclus Group Ltd (“Recyclus”). The Company is focused on extracting raw materials required for lithium-ion (“Li-ion”) batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. By using cutting-edge technology to recycle, recover, and re-use battery technologies on an industrial scale, TM is poised to be integral to a renewable energy future.