METALNRG PLC

Capital/Financing Update • Oct 31, 2022

National Storage Mechanism | Additional information

RNS Number : 5797E

MetalNRG PLC

31 October 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

31 October 2022 

Facility Repayment

MetalNRG plc ("the Company") announces that further to the announcement made on 7 October 2022 that the Company's obligations to Global Investment Strategy UK Limited had been reduced from £158,663.09 to £ 58,663.09, the Company is now pleased to report that the final balance has been repaid and the convertible note facility has been retired without the issue of additional equity.

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Contact details:

MetalNRG plc Rolf Gerritsen Christopher Latilla-Campbell	+44 (0) 20 7796 9060
Corporate Broker PETERHOUSE CAPITAL LIMITED Lucy Williams/Duncan Vasey	+44 (0) 20 7469 0930
Corporate Broker SI CAPITAL LIMITED Nick Emerson	+44 (0) 1483 413500

4125-1573-6897.1

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