Whiteside Joins Board as Cornish Metals Completes Funding Round

Cornish Metals Closes Final Tranche of Fundraising and Appoints Mr. James Whiteside to the Board of Directors

LONDON, March 26, 2025 - Cornish Metals, a leading exploration and mining company, is pleased to announce that it has successfully closed its final tranche of fundraising, securing vital capital to support its ongoing operations and future growth plans.

The company has raised a total of £10 million through a combination of equity and debt financing, with the final tranche of £3 million being closed on March 25, 2025. The funds will be used to support the continued exploration and development of the United Downs Copper-Silver Project in Cornwall, as well as to strengthen the company's balance sheet and provide a solid foundation for future growth.

In addition to the successful fundraising, Cornish Metals is also pleased to announce the appointment of Mr. James Whiteside to its Board of Directors. Mr. Whiteside brings a wealth of experience in the mining industry, having previously held senior roles at several major mining companies. His appointment is expected to bring significant value to the company, particularly in terms of strategic guidance and industry insight.

"We are delighted to have successfully closed our final tranche of fundraising, which will provide us with the necessary resources to drive forward our ambitious plans for the United Downs Copper-Silver Project," said Mr. William Lane, CEO of Cornish Metals. "We are also thrilled to welcome James Whiteside to our Board of Directors, and I am confident that his expertise and experience will be invaluable in helping us achieve our goals."

The appointment of Mr. Whiteside to the Board of Directors is effective immediately, and he will play an active role in guiding the company's strategy and decision-making processes.

For more information, please visit our website at www.cornishmetals.com.