Rome Resources Strengthens Control and Funding Position at Bisie North Tin Project

Rome Resources Expands Ownership in DRC Tin Assets and Raises £1.2M to Accelerate Exploration Growth

Rome Resources is strengthening its position in one of the world’s most prospective tin regions through increased project ownership, new funding, and an expanded exploration programme.

The company is focusing on the Bisie North district in the Democratic Republic of the Congo (DRC), where it is building a larger, more controlled portfolio of high-potential tin and copper assets.

Rome Resources (AIM: RMR) has advanced its growth strategy by increasing its exposure to the Bisie North Tin Project while securing £1.2 million in fresh funding from existing shareholders.

Increased Ownership in Key Projects

Through its 71%-owned subsidiary, MediDoc RD Congo SARL, Rome Resources has agreed terms to acquire the remaining 27.5% interest in the Kalayi Project.

Once completed, MediDoc will hold 100% ownership, giving Rome full control of this highly prospective asset.

In a parallel transaction, Rome has signed non-binding heads of terms with PALM Constellation SARL to acquire its 30% interest in the Mont Agoma Licence (PR 15130). This deal will increase Rome’s stake in the project to 81%, further consolidating its position within the Bisie North district.

The acquisitions are structured using share-based consideration, initially valued at approximately £2.16 million and potentially rising to £4.32 million depending on exploration success.

This performance-linked structure aligns all parties with the future upside of the projects.

£1.2 Million Raised to Accelerate Exploration

Rome has raised £1.2 million through a subscription of 400 million new ordinary shares priced at 0.30p each. The proceeds will be used to advance exploration activities across its core assets.

Key planned activities include:

• Continued drilling at Kalayi to support an updated Mineral Resource Estimate
• Targeted exploration of high-grade tin and copper zones at Mont Agoma
• An airborne geophysical survey to identify additional regional targets

This funding strengthens Rome’s ability to expand and accelerate its exploration pipeline following recent drilling progress.

Performance-Aligned Deal Structure

Both acquisition agreements are structured to minimise upfront cash requirements while aligning value creation with exploration success.

For Mont Agoma, Rome will issue 600 million shares, with half payable at completion and the remainder contingent on achieving defined drilling milestones, including significant tin or copper intercepts.

A similar milestone-based structure applies to the Kalayi acquisition, with additional share issuance linked to successful exploration results.

Both vendors will also retain a 2% net smelter return (NSR) royalty, ensuring continued participation in future project upside.

Strengthening Leadership and Local Expertise

Rome has appointed experienced entrepreneur Stephane Mutombo Irung as a non-executive director.

He is also a director of Stanvic Mining SARL, which holds a 16.81% stake in Rome Resources.

His appointment brings additional in-country mining experience and regional expertise within the DRC sector, including prior involvement with major mining operators.

Strategic Positioning for Growth

These developments mark a significant step in Rome Resources’ strategy to consolidate and expand its presence in the Bisie North tin district.

By increasing ownership across key licences, securing fresh capital, and strengthening its leadership team, the company is positioning itself to advance exploration and unlock value from both tin and copper mineralisation.

With exploration activity set to intensify and ownership stakes rising across its portfolio, Rome Resources is entering a new phase of development in one of the world’s most promising tin regions.