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First Class Metals Plc ( (GB:FCM) ) has issued an announcement.
First Class Metals PLC announced that The 79TH GRP Limited will not proceed with the second stage of its strategic investment due to entering administration. The company is actively exploring alternative funding options, including non-equity solutions, to ensure alignment with shareholders’ long-term interests and maintain confidence in its asset portfolio.
More about First Class Metals Plc
First Class Metals PLC operates in the mining industry, focusing on the exploration and development of metal resources. The company is dedicated to enhancing its asset portfolio and securing strategic investments to support its growth and operations.
YTD Price Performance: -26.47%
Average Trading Volume: 462,363
Technical Sentiment Signal: Buy
Current Market Cap: £2.4M
See more data about FCM stock on TipRanks’ Stock Analysis page.