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Capital Metals plc ( (GB:CMET) ) has provided an update.
Capital Metals PLC has announced a change in its registered office and the appointment of Anthony Eastman as the new Chief Financial Officer and Company Secretary. These changes are part of the company’s strategic moves as it approaches the mine development stage of its high-grade Taprobane Minerals Project in Sri Lanka. The appointment of Mr. Eastman, who brings extensive experience in financial management within the natural resources sector, is expected to strengthen the company’s financial and operational capabilities, enhancing its industry positioning and stakeholder confidence.
More about Capital Metals plc
Capital Metals 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, with significant potential for resource expansion. The company is committed to modern mining practices and aims to bring economic benefits to Sri Lanka, including job creation and substantial government royalties.
Average Trading Volume: 398,751
Technical Sentiment Signal: Buy
Current Market Cap: £13.58M
For an in-depth examination of CMET stock, go to TipRanks’ Overview page.