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The latest announcement is out from Capital Metals plc ( (GB:CMET) ).
Capital Metals PLC has announced an incentive remuneration plan for its Executive Chair, which includes a bonus tied to specific milestones such as raising funds and securing strategic investments. The company also plans to issue new equity to cover advisory fees and has updated its total voting rights following this issuance. Additionally, there has been a transfer of shares by a non-executive director, which does not affect the beneficial ownership. These developments are part of Capital Metals’ broader strategy to advance its mineral sands project in Sri Lanka and strengthen its market position.
More about Capital Metals plc
Capital Metals PLC is a UK-based company listed on the London Stock Exchange, focusing on the development of the Taprobane Minerals Project in Sri Lanka. The project is notable 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 local community and Sri Lankan economy.
Average Trading Volume: 543,191
Technical Sentiment Signal: Hold
Current Market Cap: £12.44M
For detailed information about CMET stock, go to TipRanks’ Stock Analysis page.