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The latest announcement is out from Metals One PLC ( (GB:MET1) ).
Metals One PLC has announced the issuance of 11,700,000 new ordinary shares following the exercise of Cash and Prepaid Warrants, as part of an equity fundraise. This move will increase the company’s issued share capital to 132,897,750 ordinary shares, enhancing its financial position and potentially impacting shareholder interests as per UK Financial Conduct Authority’s rules.
More about Metals One PLC
Metals One PLC is a minerals exploration and development company focused on critical minerals and gold, with operations in Finland, Norway, and the USA. The company is engaged in the exploration and acquisition of minerals essential for the clean energy transition, including copper, nickel, cobalt, zinc, uranium, vanadium, and platinum group metals. Its most advanced project is the Black Schist Project in Finland, which boasts a significant nickel-copper-cobalt-zinc resource.
Average Trading Volume: 4,969,670
Technical Sentiment Signal: Strong Buy
For an in-depth examination of MET1 stock, go to TipRanks’ Stock Analysis page.