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Fulcrum Metals Plc ( (GB:FMET) ) has shared an update.
Fulcrum Metals has raised £688,741 through the exercise of 13.8 million warrants, representing 47.6% of eligible non-director warrants, and has issued 6.9 million bonus warrants exercisable at 10 pence until July 2027. In response to investor interest, the company has extended its bonus warrant acceleration offer to 20 February 2026, with funds earmarked to accelerate development of its Teck-Hughes and Sylvanite tailings projects, while new shares are set to be admitted to trading on AIM, bringing total voting rights to 138.3 million and marking a meaningful boost to its capital base for near-term project advancement.
More about Fulcrum Metals Plc
Fulcrum Metals Plc is an AIM-listed, technology-led natural resources company focused on recovering precious metals from mine tailings in Canada using environmentally friendly, cyanide-free leaching technology developed by Extrakt Process Solutions. Its initial projects centre on the historic Teck-Hughes and Sylvanite gold mine tailings in Ontario’s Kirkland Lake camp, and it also holds a portfolio of exploration and development assets in Ontario and Saskatchewan, supported by an exclusive master licence over Extrakt’s technology in the Timmins and Kirkland Lake gold districts.
Average Trading Volume: 247,802
Technical Sentiment Signal: Sell
Current Market Cap: £7.16M
See more insights into FMET stock on TipRanks’ Stock Analysis page.