Evrima Plc - Interim Results for the Six Months Ended 30 June 2024

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY EVRIMA PLC TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014, AS AMENDED ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN. 27 September 2024 Evrima PLC ("Evrima" or the "Company") AQSE: EVA Interim Results for the Six Months Ended 30 June 2024 Evrima, an investment issuer with a primary focus on the commodities, mineral exploration, and development sectors, is pleased to announce its unaudited interim financial results for the six-month period ending 30 June 2024. As at 30 June 2024, Evrima continued to hold a broad and varied portfolio of investments, spanning both listed and private entities. These investments reflect the Company's dedication to seeking out opportunities that align with its focus on high-growth potential in the commodities and exploration industries. The listed portion of Evrima's investment portfolio is composed of carefully selected public companies, chosen to leverage the Company's ability to respond to evolving global market trends. These listed investments are aligned with Evrima's objective of maximising shareholder returns through calculated engagement with market movements and economic shifts. In tandem, Evrima remains actively involved in identifying and supporting privately owned companies that demonstrate significant potential for expansion and long-term success. Each private investment is subjected to thorough due diligence and is chosen based on its alignment with Evrima's strategic goals for value creation and long-term profitability. The Company remains committed to a hands-on approach in managing its investments, continuously evaluating performance and adapting to the broader economic and geopolitical environment. Evrima's strategy is built on a foundation of adaptability, aiming to optimise returns while mitigating risks associated with market volatility. Evrima is dedicated to maintaining a well-balanced portfolio, with a continued focus on capitalising on emerging opportunities and favourable conditions within its core sectors. The Company remains vigilant in monitoring the progress of its investments, ensuring that it can respond swiftly and effectively to market dynamics. The Company will continue to keep shareholders updated on any material developments regarding its portfolio in forthcoming announcements. The half-yearly financial report has not been audited or reviewed by the Company's auditors. The Directors of the Company, who have issued this RIS announcement after due and careful enquiry, accept responsibility for its content. REGULATORY ANNOUNCEMENT ENDS Enquiries: Company: Burns Singh Tennent-Bhohi (CEO & Director) burns@evrimaplc.com Simon Grant-Rennick (Executive Chairman) simon@evrimaplc.com Novum Securities Limited (Corporate Adviser): David Coffman / George Duxberry: + 44 (0) 20 7399 9400 Peterhouse Capital Limited (Corporate Stockbroker): Lucy Williams: +44 (0) 20 7469 0930 Statement of comprehensive income for the six months ended 30 June 2024 6 months ended Year 6 months ended ended 30 June 31 30 June December 2024 2023 2023 (unaudited) (audited) (unaudited) £ £ £ Turnover                               -   - - Administrative (127,923) (271,998) (140,151) expenses Operating (127,923) (271,998) (140,151) profit/(loss) Other 26,282 29,981 5,000 operating income Operating loss (101,641) (242,017) (135,151) Fair value (107,357) (555,075) (189,811) movement Profit/(loss) (208,998) (797,092) (324,962) for the year from continuing operations Interest (65) (11,304) - payable Loss before (209,063) (808,396) (324,962) taxation Tax on loss -   54,780 - Loss for the (209,063) (753,616) (324,962) financial year Basic earning (0.005) (1.910) (0.001) per share - in pence Diluted (0.005) (1.910) (0.001) earning per share - in pence Statement of financial position as at 30 June 2024 6 months Year 6 months ended ended ended 30 June 31 30 June December 2024 2023 2023 (unaudited) (audited) (unaudited) Notes £ £ £ Fixed assets Investments 1 302,075 546,525 870,973 Current assets Investments 1 462,457 474,086 741,630 Debtors 73,766 25,360 32,353 Cash at 5,131 6,886 172 bank Total 541,354 506,332 774,155 current assets Current liabilities Creditors 31,194 31,559 140,395 falling due within one year Total 31,194 31,559 140,395 current creditors Net current 510,160 474,773 633,760 assets Total 812,235 1,021,298 1,504,733 assets less current liabilities Provisions -   -   (54,780) for liabilities Net assets 812,235 1,021,298 1,449,953 Capital & reserves Share 244,068 244,068 244,068 capital Share 1,360,029 1,360,029 1,360,029 premium Other 44,100 44,100 44,100 reserves Retained (835,962) (626,899) (198,244) earnings Total 812,235 1,021,298 1,449,953 capital & reserves Statement of changes in equity as at 30 June 2024 Share Share Share based Retained Total capital Premium payment earnings owner's reserve equity £ £ £ £ £ Balance 244,068 1,360,029 44,100 126,717 1,774,914 at 1 January 2023 Profit -   -   -    (753,616)  (753,616) for the period Balance 244,068 1,360,029 44,100  (626,899) 1,021,298 at 31 December 2023 Profit -   -   -    (209,063)  (209,063) for the period Balance 244,068 1,360,029 44,100  (835,962) 812,235 at 30 June 2024 Notes to the statement of financial position 1. Investments Listed investments Company Shares Share price a held Premium 405,000 CAD$ 0.830 Nickel Resources Limited Coinsilium 300,000 US$ 0.020 Group Plc Tertiary 10,000,000 GBP£ 0.093 Minerals Plc Rover 100,000 CAD$ 0.025 Crital Minerals Corp Katoro Gold 20,000,000 GBP£ 0.105 Plc Unlisted investments Company Shares Share price b held Kalahari 3,802 GBP£ 18.928 Key Mineral Exploration Pty Eastport 4,026,902 CAD$ 0.200 Ventures Inc a. The listed investments share price was the quoted price at the close of trading on 30 June 2024 b. The unlisted investments share price is a fair value assessment on 30 June 2024 This information was brought to you by Cision http://news.cision.com https://news.cision.com/evrima-plc/r/interim-results-for-the-six-months-ended-30-june-2024,c4042956

Evrima Plc