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mo metals one 30 September 2026 Metals One plc ( " Metals One " , the " Company " or the " Group " ) Half - Year Report : Six Months Ended 30 June 2026 Metals One plc ( AIM : MET1 , OTCQB : MTOPF ) , a critical and precious metals project developer and investor with a focus on gold and uranium , announces its unaudited interim results for the six months ended 30 June 2026 ( the " Period " ) . Period Highlights Gold • • • • • Converted US $ 1.8 million of loan notes into a 30 % interest in Lions Bay Resources in March , with an option to increase this to 49.9 % . Lions Bay Resources exercised its option in March to acquire a cogeneration plant which may be reconfigured to include a gold concentrate roasting complex . The plant has an independently assessed replacement value of US39.6 million . Lions Bay Resources secured creditor approval in April for its acquisition of the Barbrook gold complex in South Africa ( 2.1Moz historical gold resource * ) for ZAR279 million . Supported Barbrook strategy via secured loan arrangements directed through Lions Bay Capital Inc. with approximately US $ 10 million advanced by Metals One to LBC . Invested £ 350,000 in Talon Resources in June , securing a 5.57 % interest following its admission to AIM . Uranium • • Expanded agreement with DISA Technologies in May to include the Company's Uravan Uranium - Vanadium Project in Colorado . NovaCore Exploration , in which Metals One holds approximately 29.5 % , continued to prepare for its listing and maiden drilling programme at the Red Basin - Ane Uranium Project in New Mexico . Al Metals • • • Continued to support the development of Evolution Energy Minerals , in which Metals One holds 19.3 % , including participation for A $ 1 million in Evolution's A $ 4 million entitlement offer . Evolution continued to advance its Chilalo Graphite Project in Tanzania towards planned first production in 2027 . A maiden 17 - hole drilling programme was commenced by Evolution at its Chikundo Copper Project in June . Corporate • Raised £ 1.5 million in April through an institutional subscription for 75,000,000 new ordinary shares at 2 pence per share . • Completed disposals of the Group's investments in CleanTech Lithium and Fulcrum Metals for profits of approximately 109 % and 140 % respectively , raising aggregate gross proceeds of £ 2.9 million . Craig Moulton , Chairman of Metals One , commented : " The Group enters the second half of 2026 focused on progressing its principal gold , uranium and Al metals interests . Developing LBR as the Company's South Africa gold mining vehicle is Metals One's primary near - term focus . Priorities include simplifying the corporate ownership structure , ongoing implementation of the Barbrook Business Rescue Plan , completion of an updated Barbrook Competent Person's Report , and continued preparation for the planned restart of the Barbrook operation . The Company will continue to manage its wider portfolio selectively , with capital allocated towards opportunities with clear development or value - realisation pathways . "