Panmure Liberum appointed as Joint Broker to Metals Exploration Plc

We are pleased to announce that Panmure Liberum has been appointed as Joint Broker to Metals Exploration plc.

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Metals Exploration plc is a gold production, exploration and development company with assets in the Philippines and Nicaragua. They are the 100% owner of the Runruno Gold Project in the Philippines, which it developed from greenfield to production, now producing over 80,000oz of gold per year. They are also the 100% owner of the La India Project in Nicaragua, following the acquisition of Condor Gold plc, which completed on 15 January 2025.

The Company’s strategy is focused on positioning itself for future growth beyond Runruno, which it is implementing through recent acquisitions. Metals Exploration is debt free with significant cash reserves, which it will use along with future cash from Runruno to fund the development of the La India Project in Nicaragua, which has a clear path to production.

Panmure Liberum Team

Investment Banking – Scott Mathieson, Amrit Mahbubani, Zak Wadud

Research – Duncan Hay

Sales – Simon Fickling

Investor Relations – Jodi Hutchins​

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London

Ropemaker Place, Level 12 25 Ropemaker Street London EC2Y 9LY [email protected] +44 (0)20 3100 2000

Leeds

Northspring, 36 Park Row Leeds, LS1 5JL [email protected] +44 (0)113 841 9700

Cambridge

50-60 Station Road Cambridge, CB1 2JH [email protected] +44 (0)20 3100 2000
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New York

20th Floor 575 Fifth Avenue New York NY 10017 [email protected] +1 212 596 4800