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Capital Metals plc ( (GB:CMET) ) just unveiled an update.
Capital Metals plc has issued 146,550 new ordinary shares to its broker and financial adviser Hannam & Partners as payment in shares for corporate broking and research services, at a price of £0.051177 per share, equivalent to £7,500. The new shares, which will rank pari passu with existing stock, are expected to be admitted to trading on AIM around 21 January 2026, increasing the company’s issued share capital to 491,976,019 ordinary shares, each carrying one voting right; this updated share count provides the new reference point for investors assessing disclosure thresholds and voting stakes in the company as it advances towards mine development at its Taprobane project in Sri Lanka.
More about Capital Metals plc
Capital Metals plc is a UK-listed mineral sands company on AIM, focused on developing the high‑grade Taprobane Minerals Project in eastern Sri Lanka. The project hosts industrial minerals including ilmenite, rutile, zircon and garnet, is regarded as one of the highest‑grade mineral sands deposits globally, and has demonstrated attractive economics with significant potential for further resource and grade expansion. The company aims to apply modern mining practices while delivering economic benefits to Sri Lanka through job creation and substantial royalty and tax contributions.
Average Trading Volume: 627,202
Technical Sentiment Signal: Hold
Current Market Cap: £19.67M
For detailed information about CMET stock, go to TipRanks’ Stock Analysis page.