Purchase of Ordinary Shares of 395,000 shares at 6.3
Strategic Minerals PLC
30 September 2026
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018.
30 September 2026
Strategic Minerals plc
("Strategic Minerals" or the "Company")
Director Shareholding
Strategic Minerals (AIM: SML; USOTC: SMCDF), an international mineral exploration and production company, announces it has been notified that Mark Burnett, Executive Director of the Company, purchased 395,000 ordinary shares of 0.1p nominal value (“Ordinary Shares”) on 29 September 2026 at a price of 6.3p per share.
Mr Burnett now has a total beneficial interest in 395,000 Ordinary Shares, representing approximately 0.01% of the Company's issued share capital.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name |
Mark Burnett |
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Reason for the notification
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a)
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Position/status
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Executive Director |
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b) |
Initial notification /Amendment |
Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) |
Name |
Strategic Minerals Plc |
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b)
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LEI
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213800DICA5NPVOJT776 |
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 0.1p each |
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Identification code |
ISIN: GB00B4W8PD74 |
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b)
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Nature of the transaction |
Purchase of Ordinary Shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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6.3 pence |
395,000 |
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d)
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Aggregated information |
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- Aggregated volume |
N/A single transaction as per 4 c) above.
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- Price |
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e) |
Date of the transaction |
29 September 2026 |
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f) |
Place of the transaction |
XLON |
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Enquiries:
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Strategic Minerals plc |
+44 (0) 207 389 7067 |
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Mark Burnett |
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Executive Director |
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Website: |
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Email: |
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Follow Strategic Minerals on: |
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X: |
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LinkedIn: |
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SP Angel Corporate Finance LLP |
+44 (0) 20 3470 0470 |
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Nominated Adviser and Broker |
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Matthew Johnson/Charlie Bouverat/Grant Barker
Zeus Capital Limited Joint Broker Harry Ansell/Katy Mitchell |
+44 (0) 203 829 5000 |
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Vigo Consulting |
+44 (0) 207 390 0234 |
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Investor Relations |
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Ben Simons/George Pope |
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Email: |
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Notes to Editors
About Strategic Minerals plc and Cornwall Resources Limited
Strategic Minerals plc (AIM: SML; USOTC: SMCDY) is an AIM-quoted, producing minerals company, actively developing strategic projects in the UK, United States and Australia.
In 2019, the Company completed the 100% acquisition of Cornwall Resources Limited and the Redmoor Tungsten-Tin-Copper Project.
The Redmoor Project is situated within the historically significant Tamar Valley Mining District in Cornwall, United Kingdom, with a JORC (2012) Compliant Inferred Mineral Resource Estimate published 26 March 2026:
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Resource category |
Domain |
Tonnage |
NSR |
WO3 Eq grade |
WO3 grade |
Sn grade |
Cu grade |
Ag grade |
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Inferred |
Tungsten HGDs |
7.30 |
499 |
0.98 |
0.83 |
0.12 |
0.53 |
7.0 |
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Tin HGDs |
1.95 |
208 |
0.44 |
0.14 |
0.50 |
0.50 |
7.6 |
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Cu Domain SVS |
8.02 |
196 |
0.40 |
0.28 |
0.13 |
0.34 |
4.3 |
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Low Grade SVS |
0.12 |
125 |
0.25 |
0.17 |
0.10 |
0.16 |
2.7 |
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Total Inferred |
17.40 |
324 |
0.65 |
0.49 |
0.17 |
0.44 |
5.8 |
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Total Mineral Resources |
17.40 |
324 |
0.65 |
0.49 |
0.17 |
0.44 |
5.8 |
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The preceding statement of Mineral Resources conforms to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) 2012 Edition. All tonnages reported are dry metric tonnes. Minor discrepancies may occur due to rounding to appropriate significant figures. |
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More information on Cornwall Resources can be found at: https://www.cornwallresources.com
In September 2011, Strategic Minerals acquired the distribution rights to the Cobre magnetite project in New Mexico, USA, through its wholly owned subsidiary Southern Minerals Group.Cobre has been in production since 2012 and continues to provide a sustainable revenue stream for the Company.
In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia. In September 2026, the Company agreed a final sale of Leigh Creek Copper Mine to South Pacific Mineral Investments Pty Ltdtrading as Cuprum Metals providing upfront cash with ongoing copper exposure through layered consideration comprising shares, royalties and earn-out. Proceeds will be utilised to further advance the flagship Redmoor Project.
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