Empire Metals Limited Announces Company Update
Empire Metals Limited (OTCQX:EPMLF) has issued a statement addressing the recent sharp decline in its share price, emphasizing that there have been no material changes to its operational or financial position. The company maintains a strong cash position of £6.3 million as of June 30, 2025, following a £4.5 million fundraising in Q2 2025.
The company continues to advance its Pitfield Titanium Project, with key developments including: a maiden Mineral Resource Estimate scheduled for October 2025, ongoing mine scoping studies, and expanded metallurgical testwork leading to pilot-scale operations. Management affirms the project's global significance, highlighting its unique combination of scale, grade, and processing simplicity.
Empire Metals Limited (OTCQX:EPMLF) ha emesso una dichiarazione per affrontare il recente forte calo del prezzo delle azioni, sottolineando che non ci sono cambiamenti sostanziali nella posizione operativa o finanziaria. L'azienda mantiene una solida posizione di cassa di £6.3 million al 30 giugno 2025, dopo un fundraising di £4.5 million nel secondo trimestre 2025.
L'azienda continua ad avanzare nel Pitfield Titanium Project, con sviluppi chiave tra cui una stima maiden delle risorse minerarie prevista per ottobre 2025, studi di scoping della miniera in corso e un ampliamento dei test metallurgici che porteranno ad operazioni su scala pilota. La direzione conferma l'importanza globale del progetto, evidenziando la sua combinazione unica di scala, grade e semplicità di lavorazione.
Empire Metals Limited (OTCQX:EPMLF) ha emitido una declaración para abordar la reciente fuerte caída de su precio de las acciones, enfatizando que no ha habido cambios materiales en su posición operativa o financiera. La empresa mantiene una sólida posición de caja de £6.3 millones al 30 de junio de 2025, tras una recaudación de £4.5 millones en el segundo trimestre de 2025.
La empresa continúa avanzando en su Proyecto Pitfield Titanium, con desarrollos clave que incluyen una estimación maiden de recursos minerales programada para octubre de 2025, estudios de alcance de la mina en curso y una expansión de las pruebas metalúrgicas que conducen a operaciones a escala piloto. La dirección afirma la importancia global del proyecto, destacando su combinación única de escala, grado y simplicidad de procesamiento.
Empire Metals Limited (OTCQX:EPMLF)는 최근 주가 급락에 대한 성명을 발표하며 운영 및 재무 상태에 실질적인 변화가 없다고 강조했습니다. 2025년 6월 30일 기준 £6.3백만의 탄탄한 현금 보유를 유지하고 있으며, 2025년 2분기에 £4.5백만 자금 조달을 마쳤습니다.
회사는 Pitfield Titanium Project를 계속 추진하고 있으며, 2025년 10월 예정인 광물자원 추정의 초안 발표, 진행 중인 광산 범위 연구, 파일럿 규모의 작업으로 이어지는 금속 공정 시험의 확대 등 주요 발전이 있습니다. 경영진은 이 프로젝트의 글로벌 중요성을 확인하며 규모, 등급, 가공의 단순함이 결합된 독특한 가치를 강조합니다.
Empire Metals Limited (OTCQX:EPMLF) a publié une déclaration répondant à la récente forte baisse de son cours, en soulignant qu’il n’y a eu aucun changement matériel dans sa position opérationnelle ou financière. L’entreprise maintient une solide trésorerie de £6.3 millions au 30 juin 2025, après une levée de fonds de £4.5 millions au deuxième trimestre 2025.
Elle continue de faire progresser son Projet Pitfield Titanium, avec des avancements clés including une première estimation des ressources minérales prévue pour octobre 2025, des études de faisabilité minières en cours et un élargissement des essais métallurgiques conduisant à des opérations à l’échelle pilote. La direction affirme l’importance mondiale du projet, mettant en évidence sa combinaison unique d’échelle, de teneur et de simplicité de traitement.
Empire Metals Limited (OTCQX:EPMLF) hat eine Erklärung veröffentlicht, um den jüngsten starken Rückgang des Aktienkurses zu adressieren, und betont, dass es keine wesentlichen Veränderungen in der operativen oder finanziellen Lage gegeben hat. Das Unternehmen hält zum 30. Juni 2025 eine solide Barausstattung von £6.3 Millionen, nach einer £4.5 Millionen Kapitalbeschaffung im zweiten Quartal 2025.
Das Unternehmen setzt die Entwicklung seines Pitfield Titanium Project fort, mit wichtigen Fortschritten einschließlich einer voraussichtlichen ersten Mineralressourcenschätzung im Oktober 2025, laufenden Minen-Scoping-Studien und erweiterten metallurgischen Testarbeiten, die zu Pilotmaßstab-Operationen führen. Die Geschäftsführung bekräftigt die globale Bedeutung des Projekts und hebt seine einzigartige Kombination aus Umfang, Gehalt und Verarbeitungsvereinfachung hervor.
Empire Metals Limited (OTCQX:EPMLF) أصدرت بياناً تتناول فيه الانخفاض الحاد الأخير في سعر سهمها، وتؤكد أنه لم تكن هناك تغييرات كبيرة في وضعها التشغيلي أو المالي. تحافظ الشركة على وضع نقدي قوي قدره £6.3 مليون حتى 30 يونيو 2025، وذلك بعد جمع £4.5 مليون في الربع الثاني من 2025.
تواصل الشركة تقدّم مشروعها Pitfield Titanium Project، مع تطورات رئيسية تشمل: تقدير مورد معدني أولي مقرّر في أكتوبر 2025، ودراسات نطاق المنجم جارية، وتوسيع اختبارات التعدين إلى أعمال على نطاق تجريبي. تؤكد الإدارة الأهمية العالمية للمشروع، مع إبراز مزيجه الفريد من الحجم، والدرجة، وبساطة المعالجة.
Empire Metals Limited (OTCQX:EPMLF) 已发表声明，应对近期股价急剧下跌，强调其运营或财务状况没有重大变化。公司截至2025年6月30日维持强劲现金头寸，达到£6.3 million，这是在2025年第二季度完成一轮£4.5 million fundraising之后。
公司继续推进其Pitfield Titanium Project，关键进展包括：预计于2025年10月公布的首次矿产资源估算、正在进行的矿山范围研究，以及扩大冶金测试工作以推进试点规模运营。管理层确认该项目的全球意义，强调其在规模、品位与加工简易性方面的独特综合优势。
- Strong cash position of £6.3 million as of June 30, 2025
- Successful fundraising of £4.5 million completed in Q2 2025
- Maiden Mineral Resource Estimate on track for October 2025
- Expanded metallurgical testwork and pilot-scale operations underway
- Sharp decline in share price
- No explanation provided for the stock price decline
LONDON, UK / ACCESS Newswire / September 16, 2025 / The Board of Empire Metals Limited (LON:EEE)(OTCQX:EPMLF), the resource exploration and development company, would like to respond to recent sharp decline in the Company's share price and would like to clarify that there has been no material change to the Company's operational or financial position to account for this movement. The Board remains confident in the Company's strategy, the progress being made at the Pitfield Titanium Project and the long-term value proposition for shareholders.
Empire continues to advance technical and commercial workstreams to unlock the Project's full potential and will update the market in due course on further developments. The Company is well funded to achieve upcoming milestones, underpinned by
Overview
Maiden Mineral Resource Estimate on track for release in October 2025.
The maiden MRE will provide a platform for mine scoping studies.
Expanded metallurgical testwork and optimisation programmes are underway, leading to continuous pilot-scale operations.
Shaun Bunn, Managing Director, commented:
"Empire has achieved exceptional progress at Pitfield in a very short time and its operational trajectory continues to impress. The combination of outstanding drill results, breakthrough metallurgy, and further injection of capital in May has transformed the Company. These fundamentals remain unchanged and continue to strengthen. Pitfield is now firmly established as a project of global significance, with a unique combination of scale, grade and processing simplicity that sets it apart from other titanium projects worldwide.
"We look forward to sharing further milestones in the coming weeks as we add further tangible value to the Company through the delineation of a maiden MRE at Pitfield."
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
Empire Metals Ltd Shaun Bunn / Greg Kuenzel / Arabella Burwell | Tel: 020 4583 1440 |
S. P. Angel Corporate Finance LLP (Nomad & Broker) Ewan Leggat / Adam Cowl | Tel: 020 3470 0470 |
Shard Capital Partners LLP (Joint Broker) Damon Heath | Tel: 020 7186 9950 |
St Brides Partners Ltd (Financial PR) Susie Geliher / Charlotte Page | Tel: 020 7236 1177 |
About Empire Metals Limited
Empire Metals is an AIM-listed and OTCQX-traded exploration and resource development company (LON: EEE, OTCQX: EPMLF) with a primary focus on developing Pitfield, an emerging giant titanium project in Western Australia.
The high-grade titanium discovery at Pitfield is of unprecedented scale, with airborne surveys identifying a massive, coincident gravity and magnetics anomaly extending over 40km by 8km by 5km deep. Drill results have indicated excellent continuity in grades and consistency of the in-situ mineralised beds and confirm that the sandstone beds hold the higher-grade titanium dioxide (TiO₂) values within the interbedded succession of sandstones, siltstones and conglomerates. The Company is focused on two key prospects (Cosgrove and Thomas), which have been identified as having thick, high-grade, near-surface, in-situ bedded TiO₂ mineralisation, each being over 7km in strike length.
An Exploration Target* for Pitfield was declared in 2024, covering the Thomas and Cosgrove mineral prospects, and was estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to
The Exploration Target* covers an area less than
Empire is now accelerating the economic development of Pitfield, with a vision to produce a high-value titanium metal or pigment quality product at Pitfield, to realise the full value potential of this exceptional deposit.
The Company also has two further exploration projects in Australia; the Eclipse Project and the Walton Project in Western Australia, in addition to three precious metals projects located in a historically high-grade gold producing region of Austria
*The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. See RNS dated 12 June 2024 for full details.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Empire Metals Limited
View the original press release on ACCESS Newswire
FAQ
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