Successful Completion of First Tranche of Placing

RNS Number : 7410WCorcel PLC19 April 2023

Corcel PLC

("Corcel" or the "Company")

Successful Completion of First Tranche of Cornerstone Investor Placing

19 April 2023

Corcel Plc (London AIM: CRCL), the extractive industries exploration and development company, with interests in battery metals including nickel, cobalt, and rare earth elements, announces that further to the fundraising announced on 28 March 2023, it has now received the initial 300,000 subscription and has, as planned, utilized 100,000 of the amount received to reduce its outstanding debt balance as previously announced on 30 January 2023. The shares will be admitted to trading tomorrow 20 April 2023.

For further information, please contact:

Scott Kaintz Corcel Plc CEO

020 7747 9960

James Joyce / James Bavister /Andrew de Andrade WH Ireland Ltd NOMAD & Broker

0207 220 1666

Patrick d'Ancona Vigo Communications IR

0207 3900 230

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