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Metals Exploration PLC Raises Funds Through Warrant Exercise

Story Highlights
  • Metals Exploration PLC is a gold-focused company with assets in the Philippines and Nicaragua.
  • The company raised £74,646 by exercising 1,233,818 warrants, increasing voting rights to 2,917,898,730.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Metals Exploration PLC Raises Funds Through Warrant Exercise

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Metals Exploration ( (GB:MTL) ) has issued an announcement.

Metals Exploration PLC has announced the exercise of 1,233,818 warrants, resulting in the issuance of new ordinary shares and raising £74,646 for the company. This development will increase the total number of voting rights to 2,917,898,730, which shareholders can use to determine their interest in the company’s share capital under regulatory guidelines.

More about Metals Exploration

Metals Exploration PLC is a gold producer, exploration, and development company with assets in the Philippines and Nicaragua. The company is listed on the AIM market of the London Stock Exchange and focuses on the extraction and development of gold resources.

Average Trading Volume: 13,052,038

Technical Sentiment Signal: Buy

Current Market Cap: £291.7M

For detailed information about MTL stock, go to TipRanks’ Stock Analysis page.

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