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Capital Metals plc ( (GB:CMET) ) has shared an announcement.
Capital Metals has appointed Strand Hanson Limited as its Nominated Adviser as it advances towards the mine development stage of the Taprobane Minerals Project in Sri Lanka. This strategic move, alongside the recent appointment of Hannam & Partners as Broker and Financial Adviser, is expected to bolster the company’s efforts in reaching a Final Investment Decision and enhance its operational capabilities, potentially impacting its market position and stakeholders positively.
More about Capital Metals plc
Capital Metals is a UK-based company listed on the London Stock Exchange, focusing on developing the Taprobane Minerals Project in Sri Lanka. The project is known for its high-grade mineral sands, including ilmenite, rutile, zircon, and garnet, and is one of the highest-grade mineral sands projects globally. The company aims to apply modern mining practices and contribute positively to the Sri Lankan economy and local community.
Average Trading Volume: 411,481
Technical Sentiment Signal: Hold
Current Market Cap: £13.11M
For an in-depth examination of CMET stock, go to TipRanks’ Overview page.