Cornish Metals Inc. - PDMR DEALING
RNS Number : 0794L
Cornish Metals Inc.
11 December 2025
PDMR DEALING
Vancouver, December 10, 2025
Cornish Metals Inc. (AIM/TSXV: CUSN) ("Cornish Metals" or the "Company"), a mineral exploration and
development company focused on advancing its wholly owned and permitted South Crofty tin project in Cornwall,
United Kingdom, announces that it was notified on 10 December 2025 that Non-Executive Director, Samantha
Hoe-Richardson, purchased 250,000 common shares at a price of 7.749 pence per share.
Following this purchase, Ms Hoe-Richardson has a beneficial interest in 375,000 common shares representing
0.03% of the issued share capital in the Company.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation,
provides further detail.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Samantha Hoe-Richardson
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name Cornish Metals Inc.
b) LEI 8945007GJ5APA9YDN221
4 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
a) Description of the financial
instrument, type of instrument
Common shares
Identification code CA21948L1040
b) Nature of the transaction On-market share purchase
c) Price(s) and volume(s)
Price(s) Volume(s)
7.749 pence 250,000
d) Aggregated information
- Aggregated volume 250,000
- Price 7.749 pence
e) Date of the transaction 10 December 2025
f) Place of the transaction London Stock Exchange, AIM Market
ABOUT CORNISH METALS
Cornish Metals is a mineral exploration and development company that is advancing the South Crofty critical
mineral project towards production. South Crofty:
· is a historical underground tin mine located in Cornwall, United Kingdom and benefits from existing mine
infrastructure including multiple shafts that can be used for future operations;
· is the highest grade known tin resource not in production;
· is permitted to commence underground mining (valid to 2071), construct a new processing facility and for
all necessary site infrastructure;
· would be potentially the first primary producer of tin in Europe or North America. Tin is a Critical Mineral
as defined by the UK, American, and Canadian governments as it is used in almost all electronic devices
and electrical infrastructure. Approximately two-thirds of the tin mined today comes from China,
Myanmar and Indonesia;
· benefits from strong local community, regional and national government support with a growing team of
skilled people, local to Cornwall, and could generate over 300 direct jobs.
ON BEHALF OF THE BOARD OF DIRECTORS
"Don Turvey"
Don Turvey
CEO and Director
ENDS
Engage with us directly at our investor hub. Sign up at: https://investors.cornishmetals.com/link/PRE3Er
For additional information please contact:
Cornish Metals Fawzi Hanano
Emily Allhusen
investors@cornishmetals.com
info@cornishmetals.com
Tel: +44 1209 715 777
SPAngel Corporate Finance LLP
(Nominated Adviser & Joint Broker)
Richard Morrison
Charlie Bouverat
Tel: +44 203 470 0470
Hannam & Partners
(Joint Broker)
Andrew Chubb
Jay Ashfield
cornish@hannam.partners
Tel: +44 207 907 8500
BlytheRay
(Financial PR)
Tim Blythe
Megan Ray
Said Izagaren
cornishmetals@blytheray.com
Tel: +44 207 138 3204
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution regarding forward looking statements
This news release may contain certain "forward-looking information" and "forward-looking statements" (collectively,
"forward-looking statements"). Forward-looking statements are often, but not always, identified by the use of words such as
"seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", "budget"
and "intend" and statements that an event or result "may", "will", "should", "could", "would" or "might" occur or be achieved
and other similar expressions and includes the negatives thereof. Forward-looking statements herein include, but at not
limited to, statements with respect to the consummation and timing of the Arrangement; the satisfaction of the conditions
precedent of the Arrangement; timing, receipt and anticipated effects of court, regulatory and other consents and approvals
for the Arrangement; and the timing and effect of other principal events relating to the Arrangement. All statements other than
statements of historical fact included in this news release, are forward-looking statements that involve various risks and
uncertainties and there can be no assurance that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such statements.
Forward-looking statements are based on current expectations and are subject to known and unknown risks and uncertainties,
many of which are beyond the Company's ability to predict or control and could cause actual results to be materially different
from those expressed or implied by such forward-looking statements, including but not limited to: risks related to receipt of
regulatory approvals; risks related to general economic and market conditions; risks related to the availability of financing;
the timing and content of upcoming work programmes; actual results of proposed exploration activities; possible variations in
Mineral Resources or grade; projected dates to commence mining operations; failure of plant, equipment or processes to
operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks
of the mining industry; changes in national and local government regulation of mining operations, tax rules and regulations.
The list is not exhaustive of the factors that may affect Cornish Canada's forward-looking statements.
The Company's forward-looking statements are based on the opinions and estimates of management and reflect their current
expectations regarding future events and operating performance and speak only as of the date such statements are made.
Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ
from those described in forward- looking statements, there may be other factors that cause such actions, events or results to
differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate
and accordingly readers are cautioned not to place undue reliance on forward-looking statements. The Company does not
assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or
opinions should change other than as required by applicable law.
All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue
reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any
forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by
law.
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END
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