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Metals One PLC ( (GB:MET1) ) just unveiled an update.
Metals One PLC has announced the issuance of 20,850,000 new ordinary shares following the exercise of Cash and Prepaid Warrants from a previous equity fundraise. These shares are expected to be admitted to trading on AIM, increasing the company’s issued share capital to 91,004,750 ordinary shares. This move is part of Metals One’s strategy to strengthen its financial position and support its ongoing exploration and development activities in critical minerals, which are vital for the clean energy sector.
More about Metals One PLC
Metals One PLC is a critical minerals exploration and development company focused on sourcing raw materials essential for the clean energy transition. The company has a diverse portfolio, including copper, nickel, cobalt, and zinc projects in Finland and Norway, as well as uranium and vanadium projects in the U.S. Metals One is also exploring potential gold mining claims in Nevada, USA.
Average Trading Volume: 2,550,041
Technical Sentiment Signal: Buy
See more insights into MET1 stock on TipRanks’ Stock Analysis page.