Neo Energy Metals PLC - South Africa-focused uranium developer - Receives the second tranche of funding of around £1.1 million from Q Global Commodities Ltd, resulting in the ussue of 140 million shares. Explains this represents the second of six tranches subscribed for by Q Global’s affiliate, AUO Commercial Brokerage LLC, bringing the total amount received to date from AUO to £1.5 million. Under the subscription agreement, a further 266.7 million shares will be issued to AUO over the coming months, raising an additional £2 million. Funds raised will be used to complete an updated feasibility study and target an increase in mineral resources at the Henkries uranium project in South

Africa.

Current stock price: 0.78 pence

12-month change: down 11%

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