Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
First Class Metals Plc ( (GB:FCM) ) has provided an update.
First Class Metals Plc has announced the posting of a circular and notice of a General Meeting to seek shareholder approval for the first stage of a conditional subscription agreement with The 79th GRP Limited. This agreement involves a proposed investment of approximately £2.18 million in the company, which will be conducted in two stages. The first stage includes the issuance of 78,552,084 shares and is contingent upon shareholder approval and other regulatory conditions. The board considers this investment to be in the best interests of the shareholders and urges them to vote in favor of the resolution.
More about First Class Metals Plc
First Class Metals Plc is a Canada-focused explorer specializing in precious and base metals, with significant land holdings in northern Ontario.
YTD Price Performance: -2.94%
Average Trading Volume: 516,703
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.66M
Find detailed analytics on FCM stock on TipRanks’ Stock Analysis page.