First Class Metals - Strategic Funding & Winter Work Programme

First Class Metals PLC is pleased to announce an increase in its existing loan facility by £200,000 from The 79th GRP Limited, bringing the total loan amount to £700,000. This additional funding highlights 79th GRP's commitment to supporting FCM's strategic goals for the Winter Exploration Plans at North Hemlo & Sunbeam. The loan terms include a 15% annual interest rate and will be secured by a debenture over FCM's assets. Furthermore, the loan can be converted into ordinary shares at a price of 1.7p per share upon completion of the Conditional Equity Funding. James Knowles, Executive Chairman, expressed confidence in this additional loan, emphasising 79th GRP's continued support for FCM's assets and strategy. The financial backing from 79th GRP enhances FCM's ability to execute fully funded exploration plans and create long-term value for shareholders. With a funded Winter Work Programme underway, FCM is well-positioned to drive development across its portfolio. We invite investors to engage with us through our Interactive Investor hub for further information and inquiries. The Board remains committed to leveraging this strengthened partnership with 79th GRP to achieve strategic objectives and deliver significant progress. We look forward to providing updates as we advance our projects and create value for our shareholders.