tiprankstipranks
Trending News
More News >

Metals One PLC Expands Share Capital Amid Strategic Mineral Projects

Story Highlights
Metals One PLC Expands Share Capital Amid Strategic Mineral Projects

Confident Investing Starts Here:

The latest update is out from Metals One PLC ( (GB:MET1) ).

Metals One PLC has announced the issuance of 3,400,000 new ordinary shares following the exercise of Prepaid Warrants, as part of an equity fundraise. This move will increase the company’s issued share capital to 51,054,750 ordinary shares, potentially impacting shareholder calculations under the UK Financial Conduct Authority’s rules. This development is part of Metals One’s strategy to strengthen its financial position as it advances its critical minerals projects in Europe, aligning with the growing demand for responsibly sourced raw materials.

More about Metals One PLC

Metals One PLC is a company focused on exploring and acquiring critical mineral resources essential for the clean energy transition, such as copper, nickel, cobalt, and zinc. The company operates strategic metals projects in Finland and Norway, including the Black Schist Projects and the Råna Project, and is working towards acquiring the Hammaslahti and Outokumpu Copper Projects in Finland.

YTD Price Performance: 264.71%

Average Trading Volume: 733,646

Technical Sentiment Signal: Sell

Find detailed analytics on MET1 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App