Empire Metals Limited, an AIM-quoted resource exploration and development company, has announced that an option holder has exercised options over 500,000 new ordinary shares at a price of 4 pence per share and 500,000 new ordinary shares at a price of 5.5 pence per share. The company has issued the new ordinary shares to the option holder for a total cash value of £47,500. The new shares will be admitted to trading on AIM, with the admission expected to become effective on or around 14 December 2023. After the admission, the company's issued share capital will consist of 570,240,921 ordinary shares.