Cornish Metals Announces Filing of a Management Information Circular and Related Materials for Its Special Meeting of Shareholders in Relation to Its Proposed Re-Domicile

Core Viewpoint - Cornish Metals Inc. is proceeding with a re-domicile to the UK and has scheduled a special meeting for shareholders on December 3, 2025, to discuss this transition [1][6][16]. Group 1: Special Meeting Details - The Special Meeting will be held virtually on December 3, 2025, at 9:00 am Vancouver time (5:00 pm London time) [2][16]. - Only registered Cornish Canada Securityholders can vote and ask questions, while beneficial shareholders attending as guests cannot vote [2][16]. Group 2: Re-Domicile and Admission to AIM - Following the re-domicile, Cornish Metals plc will apply for admission to trading on the AIM market of the London Stock Exchange [3][15]. - Shareholders will retain the same percentage ownership in Cornish UK as they had in Cornish Canada, ensuring equivalent interests in profits, net assets, and dividends [5][10]. Group 3: Reasons for Re-Domicile - The Board believes that a UK-domiciled company is more appropriate operationally and from an investor standpoint due to the location of Cornish Canada's assets [6][14]. - The re-domicile is expected to enhance Cornish UK's profile among European investors and improve access to capital markets [6][7]. Group 4: Arrangement Terms - Under the Arrangement Agreement, shareholders will receive one Cornish UK Share for every ten Cornish Canada Shares held [8][13]. - Equity award holders will receive replacement awards in Cornish UK on similar terms to ensure economic benefits remain consistent [9][10]. Group 5: Timeline and Next Steps - The acquisition of Cornish Canada Shares by Cornish UK is expected to occur around December 16, 2025, with trading on AIM commencing on December 18, 2025 [23][24]. - Key dates include the final court hearing for approval on December 11, 2025, and the last day of trading for Cornish Canada Shares on AIM on December 16, 2025 [24].