Certain Ordinary Shares of Golden Metal Resources PLC are subject to a Lock-Up Agreement Ending on 10-MAY-2024. These Ordinary Shares will be under lockup for 366 days starting from 10-MAY-2023 to 10-MAY-2024.

Details:
The Locked-In Shareholders have each entered into a lock-in agreement with the Company, First Equity and Cairn pursuant to which they have undertaken to the Company and Cairn that, subject to Admission, they shall not, except in certain specified circumstances, sell, transfer, grant any option over or otherwise dispose of the legal, beneficial or any other interest in any Ordinary Shares prior to the first anniversary of Admission (being the initial lock-in period). Following the expiry of this initial lock-in period, the Locked-In Shareholders also agree to only dispose of their Ordinary Shares through First Equity, provided First Equity?s terms are not less favorable than those being offered by other brokers at the time of the disposal, for a period of 12 months following the expiry of the initial lock-in period.