Announcement PDF RNS Number : 8341W Rome Resources PLC 30 September 2026 The information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation 30 September 2026 Rome Resources Plc ("Rome Resources", the "Company" or the "Group") Half-Year Results Rome Resources (AIM: RMR), today announces its unaudited interim results for the six months ended 30 June 2026 (the "Reporting Period"). These results will shortly be made available on the Company's website at www.romeresources.com. Paul Barrett, CEO of the Company, commented: "The first half of 2026 was important for the Company for two key reasons, completion of a further drill programme on the Kalayi project in the mineral-rich DRC that led to a 45% increase in inferred tin resource and increase in grade, and the addition of an exciting critical mineral project in the mining-friendly jurisdiction of the Canadian province of New Brunswick. Alongside this, the commencement of our small-scale mining programme at Kalayi represents a significant step toward converting our current permit into a full Mining Licence - a prerequisite for consolidating our ownership of the project to approximately 79%. This positions us as a diversified exploration company with near-term development potential and significant upside for the future. The Company's Kalayi project sits only 8km along trend from Alphamin's Bisie Mine, the world's highest grade tin mine and the trajectory of the project in terms of resource build per metre of drilling performed provides strong indications that grade and volumes will continue to improve with further drilling. At this stage, the results are pointing in the direction of a potential 20,000 tonnes target of tin through drilling in the south-east, and deeper drilling across other zones. Our strategy is to position Rome for two future pathways for shareholder value. Firstly to build the value of our DRC assets to a point where they become attractive to a larger industry player, and secondly to create a high value critical minerals project in Canada. The 45% increase in Kalayi's mineral resource estimate ("MRE"), with grades rising to 1.47% tin ('Sn') and the potential to double the resource in the southeast extension, underpin the first of these objectives, alongside an increasingly compelling copper and tin story at Mont Agoma, while early results in New Brunswick lay the foundations for the second. Both of these objectives are now clearly within reach. We will now focus on advancing the next phase of drilling at Kalayi, continuing to advance the small-scale mining programme toward a full Mining Licence, continuing discussions with potential strategic partners regarding the advancement of Bisie North. The Board remains committed to building strong foundations for future shareholder value." For further information, please contact: Investor questions on this announcement We encourage all investors to share questions on this announcement via our investor hub https://romeresources.com/link/Pb694P Rome Resources Plc Paul Barrett, Chief Executive Officer Tel. +44 (0)20 3143 6748 SP Angel Corporate Finance LLP (Nominated Advisor and Joint Broker) Ewan Leggat Jen Clarke Devik Mehta Tel. +44 (0)20 3470 0470 CREST Corporate Broking (Joint Broker) Jerry Keen (Partner) Tel. +44 (0)20 3973 3678 Financial PR Kelsey Traynor Tel. +44 (0)7495 470 187 Subscribe to our news alert service: https://romeresources.com/auth/signup EXECUTIVE DIRECTOR'S STATEMENT The first six months of 2026 built on the work previously undertaken on the Kalayi and Mont Agoma projects, principally by delineation drilling on the Kalayi tin deposit. This has resulted in a significant increase in inferred resource and an increase in grade. By the end of that campaign, cumulative metres drilled on Kalayi stand at 5,700 metres with an inferred resource 0.46Mt at 1.47% Sn, deriving 6.76kt contained tin, which represents a 45% increase in contained tin versus the October 2025 MRE on a like-for-like basis. Resource growth is also achieved without grade dilution, with tonnage and grade increasing from 1.33% to 1.47% Sn. Additional drilled intercepts representing up to 10 metres true width of good tin grades were not included in the August 2026 resource update due to the current lack of delineation drilling under these intercepts. They remain primary drill targets for Kalayi. Additionally, MSA reported that they support drilling to the southeast of the main Kalayi drill footprint to investigate a southeasterly plunging ore shoot with the potential for doubling the resource. At this stage, there is realistic potential for up to 20,000 tonnes of tin at the Kalayi tin deposit. During the period, the Company also commenced a small-scale mining programme at Kalayi, designed to support the conversion of the current Small Scale Exploitation Permit into a full Mining Licence, which would facilitate the consolidation, subject to execution of binding documentation, of Rome's ownership of the project to approximately 79%. An airborne electromagnetic survey was acquired during the period and the interpretation of the survey data in the coming weeks is expected to identify geological trends and potentially exploration drill targets in the licence area. To date, only a small fraction of the licence area has been properly explored. The next phase of drilling at Kalayi is expected to commence in the coming months and the Company will update shareholders in due course. Furthermore, the Company announced the existence of an important high grade tin, tungsten and indium play in the Canadian province of New Brunswick, which has led management, driven by geology and commodities, to option certain areas of the Province, in which surface sampling and shallow trenching have been carried out in the 2026 field season. It is anticipated that a 2027 season exploration programme can be finalised and announced by the end of 2026. Outcrop sampling has returned assays of up to 0.6% tin, 0.2% tungsten, 0.8% bismuth, 17ppm indium and 1.5% copper to date. Over the next 6 months, management are committed to driving momentum and delivering on the near-term strategy of further drilling programmes. Rome Resources remains an early-stage exploration business, and we are building deliberately, with a focus on establishing strong foundations before we scale." Paul Barrett Chief Executive Officer & Director 30 September 2026 Consolidated Statement of Comprehensive Income for the 6 Months Ended 30 June 2026 6 months to 30 June 2026 (unaudited) 6 months to 30 June 2025 (unaudited) 12 months to 31 December 2025 (audited) £'000 £'000 £'000 CONTINUING OPERATIONS Revenue - - - Administrative expenses (580) (578) (1,359) OPERATING LOSS (580) (578) (1,359) Finance income/(expense) 3 18 96 (LOSS) BEFORE INCOME TAX (577) (560) (1,263) Income tax - - - (LOSS) FOR THE PERIOD (577) (560) (1,263) Other comprehensive income/(Loss) Items which may be reclassified to profit & loss Foreign currency translation differences of foreign operations (5) - (517) Total comprehensive loss for the period attributable to equity holders of the parent (577) (560) (1,180) Loss per share from continuing operations in pence per share: Basic and diluted (0.0079) (0.0001) (0.0204) Consolidated Statement of Financial Position for the 6 months Ended 30 June 2026 Note 6 months ended 30 June 2026 (unaudited) 6 months ended 30 June 2025 (unaudited) 12 months ended 31 December 2025 (audited) £'000 £'000 £'000 NON-CURRENT ASSETS Exploration assets 5 14,762 11,762 13,246 Investment in Associate - - - Property, plant and equipment 34 10 9 TOTAL NON-CURRENT ASSETS 14,796 11,772 13,255 CURRENT ASSETS Trade and other receivables 3 93 302 144 Cash and cash equivalents 679 1,349 1,418 TOTAL CURRENT ASSETS 772 1,651 1,562 TOTAL ASSETS 15,568 13,423 14,817 EQUITY AND LIABILITIES Capital and reserves attributable to equity holders of the Company: Share capital 2 25,862 24,270 25,322 Share premium 2 21,507 19,788 20,592 Share based payment reserve 19 19 19 Reverse acquisition reserve (22,157) (22,157) (22,157) Warrant reserve 1,996 2,011 1,946 Merger Reserve 4,703 4,703 4,703 Foreign currency translation reserve (811) (741) (806) Accumulated deficit (16,675) (15,525) (16,098) TOTAL SHAREHOLDER EQUITY 14,444 12,368 13,521 Non-Controlling Interest 620 620 620 TOTAL EQUITY 4 15,064 12,988 14,141 NON-CURRENT LIABILITIES Loans 4 244 245 248 244 245 248 CURRENT LIABILITIES Trade and other payables 4 260 190 428 Borrowings 4 - - - 260 190 428 TOTAL LIABILITIES 504 435 676 TOTAL EQUITY AND LIABILITIES 15,568 13,423 14,817 Consolidated Statement of Changes in Equity for the Period Ended 30 June 2026 Called up share capital Share premium Share based payment reserve Warrant reserve Accumulated deficit Reve acquisiti reser £'000 £'000 £'000 £'000 £'000 £'0 Balance at 31 December 2024 24,457 19,768 43 2011 (14,989) (22,1 Total comprehensive loss for the year - - - - (1,263) Foreign exchange translation - - - - - Total comprehensive income for the year - - - - (1,263) Issue of share capital 1,065 889 - - - Share warrants issued - (65) - 65 - Warrants lapsed - - (24) (130) 154 Balance at 31 December 2025 25,322 20,592 19 1,946 (16,098) (22,15 Total comprehensive loss for the year - - - - (577) Foreign exchange translation - - - - - Total comprehensive loss for the year - - - - (577) Issue of share capital 540 965 - - - Share warrants issued - (50) - 50 - Warrants lapsed - - - - - Balance at 30 June 2026 25,862 21,507 19 1,996 (16,675) (22,15 Consolidated Statement of Cash Flows for the Period Ended 30 June 2026 6 months ended 30 June 2026 (unaudited) 6 months ended 30 June 2025 (unaudited) 12 months ended 31 December 2025 (audited) £'000 £'000 £'000 Cash flows from operating activities Loss before tax (577) (560) (1,263) Adjustments for: Finance income (3) (18) (96) Expenses settled in shares 29 - 24 Unrealised foreign exchange movements 19 (98) (166) Net cash flow from operating activities before changes in working capital (532) (676) (1,501) Changes in working capital: (Decrease) in trade and other payables (168) (589) (503) Decrease/(increase) in trade and other receivables 51 (24) (154) Net cash flow used in operating activities (649) (1,241) (2,158) Cash flow from investing activities Purchase of plant and equipment (25) - (1) Exploration expenditure (1,545) (1,734) (2,916) Interest received 3 18 96 Net cash flow from investing activities (1,567) (1,716) (2,821) Cash flow from financing activities Proceeds arising as a result of the issue of ordinary shares 1,590 - 2,106 Costs related to issue of ordinary share capital (114) (210) (205) Net cash flow from financing activities 1,476 (210) 1,901 Net (decrease) in cash and cash equivalents in the period (740) (3,136) (3,078) Cash and cash equivalents at beginning of the period 1,418 4,485 4,485 Effects of exchange rate changes on the balance of cash 1 - 11 Cash and cash equivalents at end of the period 679 1,349 1,418 1. ACCOUNTING POLICIES Basis of preparation These unaudited consolidated interim financial statements ("interim financial statements") for the six months ended 30 June 2025 have been prepared in accordance with the requirements of the AIM Rules for Companies (the "AIM Rules"). As permitted, the Group has chosen not to adopt IAS 34 'Interim Financial Statements' in preparing this interim financial information. The interim financial statements should be read in conjunction with the annual financial statements for the year ended 31 December 2025, which have been prepared in accordance with international accounting standards in accordance with the requirements of the Companies Act 2006 applicable to Companies reporting under IFRS. Going concern The Directors have considered the Group and Parent Company's (together "the Group") ability to continue as a going concern through review of cash flow forecasts prepared by management for the period to 30 September 2027 and a review of the key assumptions on which these are based. Given the nature of the Company's operations (exploration and evaluation) the Company will need to raise additional capital in the future to further develop its existing portfolio of assets. Based on the positive results achieved from the drill programmes and subsequent MRE which has recently been updated and expanded, the continued strength and Tin pricing and the supply and demand outlook for Tin, the proximity of the Group's assets to the nearby significant Alphamin tin mining assets, and the support received from shareholders in the Company's fundraising since the RTO in 2024, the Directors are confident that the Group will be able to raise further funds to continue to develop the Group's assets and build-up their value in the future. As such these results have been prepared on a going concern basis. 2. SHARE CAPITAL Called up, allotted, issued and fully paid share capital GROUP No. Ordinary shares No. Deferred shares Share Capital £'000 Share Premium £'000 Total at 31 December 2024 6,071,864,607 183,688,116 24,257 19,768 28 March 2025 - shares in lieu of fees 12,661,325 - 12 19 25 November 2025 - placing 950,000,000 - 950 950 1 December 2025 - placing 102,500,000 - 103 103 Placing Warrants (66) Share issue costs (182) Total at 31 December 2025 7,137,025,932 183,688,116 25,322 20,592 12 May 2026 - placing 530,000,000 - 530 1,060 12 May 2026 - shares in lieu of fees 9,600,000 - 10 19 Share issue costs - (114) Broker Warrants (50) Total at 30 June 2026 7,676,625,932 183,688,116 25,862 21,507 On 12 May 2026 the Company issued 530,000,000 ordinary shares at a price of £0.0030 per share for gross proceeds of £1,590,000. In addition, a further 9,600,000 ordinary shares were issued as a payment in lieu of approximately £28,800 in accrued professional fees. Share options & warrants in issue Share options Exercise Price Grant Date Expiry Date At 1 January 2026 Issued / (lapsed) At 30 June 2026 1.00p 1 September 2023 5 October 2026 15,000,000 - 15,000,000 0.50p 1 September 2023 5 October 2026 5,000,000 - 5,000,000 CAD$0.26(1) 26 July 2024 9 February 2026 61,551,000 (61,551,000) - CAD$0.26(1) 26 July 2024 27 April 2026 9,770,000 (9,770,000) - CAD$0.26(1) 26 July 2024 6 November 2026 4,885,000 - 4,885,000 96,206,000 (71,321,000) 24,885,000 (1) As part of the RTO transaction in July 2024, certain options issued by Rome Resources Ltd were replaced with options in the Company. Exercise prices and expiry dates were unchanged, with the number of replacement options being based on the existing options adjusted by the RTO exchange ratio. Share warrants Exercise Price Grant Date Expiry Date At 1 January 2026 Issued / (lapsed) At 30 June 2026 0.45p 26 July 2024 26 July 2026 212,500,000 - 212,500,000 0.30p 26 July 2024 26 July 2029 578,917,878 - 578,917,878 0.35p 27 December 2024 27 December 2029 221,544,334 - 221,544,334 0.50p 30 December 2024 30 December 2027 1,200,000,000 - 1,200,000,000 0.40p 19 November 2025 25 November 2028 950,000,000 - 950,000,000 0.20p 19 November 2025 25 November 2028 57,000,000 - 57,000,000 0.40p 25 November 2025 1 December 2028 101,000,000 - 101,000,000 0.30p 5 May 2026 5 May 2031 - 24,000,000 24,000,000 3,320,962,212 24,000,000 3,344,962,212 (1) As part of the RTO transaction in July 2024, certain warrants issued by Rome Resources Ltd were replaced with warrants in the Company. Exercise prices and expiry dates were unchanged, with the number of replacement warrants being based on the existing options adjusted by the RTO exchange ratio. 3. TRADE AND OTHER RECEIVABLES 6 months ended 30 June 2026 (unaudited) 6 months ended 30 June 2025 (unaudited) 12 months ended 31 December 2025 (audited) £'000 £'000 £'000 Other debtors - 66 - VAT 36 229 46 Prepayments 57 7 98 93 302 144 4. TRADE AND OTHER PAYABLES CURRENT 6 months ended 30 June 2026 (unaudited) 6 months ended 30 June 2025 (unaudited) 12 months ended 31 December 2025 (audited) £'000 £'000 £'000 Trade creditors 215 187 313 Social security and other taxes 28 3 21 Other creditors 12 - 28 Accruals and deferred income 5 - 66 Borrowings - - - 260 190 428 NON-CURRENT 6 months ended 30 June 2026 (unaudited) 6 months ended 30 June 2025 (unaudited) 12 months ended 31 December 2025 (audited) £'000 £'000 £'000 Borrowings 244 245 248 244 245 254 5. EXPLORATION AND EVALUATION ASSETS NON-CURRENT 6 months ended 30 June 2026 (unaudited) 6 months ended 30 June 2025 (unaudited) 12 months ended 31 December 2025 (audited) COST £'000 £'000 £'000 Exploration and Evaluation assets 14,762 11,762 13,246 14,762 11,762 13,246 Exploration and Evaluation assets relate to two properties situated in the Walikale District of the North Kivu Province in eastern Democratic Republic of Congo, namely Exploration permits PEPM 13274 and PR 15130, collectively known as the Bisie North Project, principally a tin exploration project with secondary copper, zinc and silver, is situated only 8km along geological strike from the Alphamin Bisie project, the highest grade tin mine in the world. Tin and copper soil anomalies were identified by the Company on two NW-SE trending topographic ridges both situated within the Company's licence area. An initial drilling programme in 2023 identified several high-grade tin intercepts on both the Mont Agoma the Kalayi prospects, with significant intercepts of copper and zinc also encountered in several Mont Agoma drillholes. Further drilling was undertaken during 2024, 2025 and into 2026 on both licences. AN MRE was issued in October 2025 with further drilling to expand the resource undertaken in late 2025 into Q1 2026, culminating in the release of an upgraded MRE in September 2026. The most significant judgement for the Group is the assumption that exploration and evaluation at the Group's projects will ultimately lead to a commercial mining operation, which includes the assumption that any licences held will be renewed as required upon expiry. The Directors consider a number of factors when assessing whether any impairment is required in relation to these assets, including: · results of exploration work to date; · licence renewal status, with a presumption that licences will be renewed but consideration given to any possible issues in respect of the periodic renewal process; · the market for the underlying resources; · comparative valuations of similar assets as they are announced to the stock market; Based on these factors the Directors do not believe there is an impairment in the valuation of the Group's exploration and evaluation assets. 6. EVENTS AFTER THE REPORTING DATE On 22 September 2026 the Company issued warrants to subscribe for15,800,000 new ordinary shares with an exercise price of £0.0029 and an expiry date of 2 September 2031. On 29 September 2026 the Company issued 450,000,000 new ordinary shares at a price of £0.00175 per share for gross proceeds of £787,500. The Company has also agreed to issue 25,731,429 warrants over new Ordinary Shares to the introducer of the subscription, with each warrant entitling the holder to acquire one new Ordinary Share at the Issue Price at any time in the five-year period from the date of Admission. 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. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. 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