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Metals One PLC ( (GB:MET1) ) has shared an update.
Metals One PLC has announced the posting of its Annual General Meeting notice, annual report, and accounts. Additionally, the company has issued new equity following the exercise of cash and prepaid warrants, resulting in 76,450,000 new ordinary shares. These shares are expected to be admitted to trading on AIM, increasing the total share capital to 280,047,750 ordinary shares. This move is part of Metals One’s strategy to strengthen its financial position and support its ongoing projects in critical minerals and gold exploration.
More about Metals One PLC
Metals One PLC is a minerals exploration and development company focused on critical minerals and gold exploration, primarily in low-risk jurisdictions. The company is driven by the Western world’s demand for responsibly sourced raw materials and high gold prices. Its commodity exposure includes copper, nickel, cobalt, zinc, uranium, vanadium, and platinum group metals, essential for the clean energy transition. Metals One’s most advanced project is the Black Schist Project in Finland, and its portfolio spans Finland, Norway, and the USA. The company’s shares are listed on the London Stock Exchange’s AIM Market.
Average Trading Volume: 12,973,386
Technical Sentiment Signal: Buy
Find detailed analytics on MET1 stock on TipRanks’ Stock Analysis page.