GreenX Metals Issues New Shares to Consultant and Updates Capital Structure

GreenX Metals ( (AU:GRX) ) has issued an announcement.

GreenX Metals Limited has issued 598,235 ordinary fully paid shares to a consultant in lieu of cash, opting for an equity-based form of remuneration. The company will seek admission of these new shares to the FCA’s Official List and to trading on the London Stock Exchange’s main market, which is expected in due course.

Following the admission of the new shares, GreenX’s issued ordinary share capital will increase to 311,328,979 shares, a figure that shareholders can use to assess disclosure thresholds for significant holdings. The company also detailed its existing performance rights and unlisted options, providing the market with an updated view of its capital structure and potential future dilution for investors.

More about GreenX Metals

GreenX Metals Limited is a resources company focused on metals exploration and development, with its ordinary shares admitted to trading on the main market of the London Stock Exchange. The company is listed in the Equity shares (international commercial companies secondary listing) segment of the UK Financial Conduct Authority’s Official List.

See more insights into GRX stock on TipRanks’ Stock Analysis page.