Fulcrum Metals PLC Announces Interim Results for the six months to 30 June 2026

BROMSGROVE, UK / ACCESS Newswire / September 28, 2026 / Fulcrum Metals Plc ("Fulcrum" or the "Company" or the "Group")(AIM:FMET)(OTCQB:FULMF), a company pioneering the use of innovative cyanide-free technologies developed by Extrakt Process Solutions to recover precious and critical metals from mine waste and to support potential site regeneration, announces interim results for the six months to 30 June 2026.

Operational and Strategic Highlights * Transitioned from technical validation and strategic positioning into execution, with Teck-Hughes Phase 3 testing achieving 78% gold recovery alongside strong recoveries of other precious, base and critical metals * Reported multi-metal assays from the 159-hole Teck-Hughes auger programme, strengthening the dataset to support a 43-101 compliant Mineral Resource Estimate and pilot programme * Completed the pilot concept study and signed the TDI Piloting Agreement, establishing the delivery framework for a reusable pilot facility with capacity of up to 2.4 tonnes per day, supported by Extrakt and Bechtel * Positioned Teck-Hughes and Sylvanite, comprising a historical estimate of 10.7 million tonnes* of tailings, as the initial projects within a scalable platform underpinned by Fulcrum's existing exclusive Extrakt rights across Timmins and Kirkland Lake which contains 70+ documented legacy mine-waste sites * Post period: ordered certain major long-lead pilot equipment and entered into late-stage discussions regarding a specific site in the Greater Toronto Area, Ontario Funding and Corporate Highlights * Secured a £6 million Yorkville funding package, comprising up to £5 million of unsecured convertible loan notes and up to £1 million of equity funding, alongside a separate £2.5 million at-the-market facility with Clear Capital * Based on current budgets, the £500,000 equity subscription and first £2.5 million Yorkville loan tranche will fund the pilot facility and initial Teck-Hughes programme, both of which are expected to be funded without requiring the second £2.5 million loan tranche, which remains undrawn * Established a potential pathway from successful pilot testing to the proposed US$20 million Chancery royalty financing, providing a potential non-equity route towards future development of Teck-Hughes; Chancery also invested £200,000 at 8.5 pence per share, with the associated shares admitted post period * Raised £834,575 through a warrant acceleration programme and completed a further direct equity subscription of £550,000 at 11 pence per share to support project development and working capital * Appointed Canada-based Natasha Dixon as an independent non-executive director, strengthening the Board's governance, Canadian presence and North American capital-markets experience * Post period: raised a further £250,000 at 7 pence per share and commenced trading on OTCQB under the symbol FULMF, providing additional working capital and broadening North American investor access *Subject to verification by Fulcrum