Cornish Metals' Strategic Move: A New Registered Office in Vancouver

Cornish Metals Inc. (AIM/TSX-V: CUSN), a mineral exploration and development company focused on advancing the South Crofty tin project in Cornwall, United Kingdom, has announced a strategic change in its registered office. Effective February 5, 2025, the company will be operating from 1056 – 409 Granville Street, Vancouver, British Columbia, V6C 1T2, Canada. This move is expected to bring several benefits to the company, enhancing its operational efficiency and aligning with its long-term goals.

Vancouver, a global hub for the mining and mineral exploration industry, offers Cornish Metals access to a deep talent pool of professionals in the sector. By establishing its registered office in Vancouver, the company can tap into this talent pool, enabling it to attract and retain top talent to support its growth and development. This strategic move aligns with Cornish Metals' long-term goal of advancing the South Crofty tin project and securing the necessary funding to achieve a construction decision.

Moreover, Vancouver is home to a vibrant and well-established financial community, with numerous investment firms and financial institutions that focus on the mining and mineral exploration sector. This proximity to potential investors and financial partners can help Cornish Metals secure the necessary funding to advance its projects. The move to Vancouver allows Cornish Metals to better serve its shareholders and stakeholders, as the city is a major financial center with excellent infrastructure and connectivity. This can facilitate more efficient communication and collaboration with investors, partners, and other stakeholders, ultimately enhancing the company's ability to achieve its long-term goals.

The change in registered office may also impact Cornish Metals' relationships with local stakeholders, such as the community, government, and suppliers, in both Vancouver and Cornwall. The new financial year end aligns with the traditional financial, taxation, and operational cycles, which may make it easier for the company to communicate its financial performance and plans to the local communities in both Vancouver and Cornwall. This alignment could enhance transparency and help build trust with local communities, as they will have a clearer understanding of the company's financial health and future prospects.

In conclusion, Cornish Metals' move to Vancouver is a strategic decision that aligns with the company's long-term goals of advancing the South Crofty tin project and securing necessary funding. By accessing a deep talent pool, proximity to potential investors, and improved stakeholder engagement, Cornish Metals is well-positioned to achieve its objectives and create value for shareholders.