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Metals One PLC Expands Share Capital with New Equity Issue

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Metals One PLC Expands Share Capital with New Equity Issue

Confident Investing Starts Here:

An announcement from Metals One PLC ( (GB:MET1) ) is now available.

Metals One PLC has announced the exercise of Prepaid Warrants, resulting in the issuance of 3,000,000 new ordinary shares. These shares will be admitted to trading on AIM, increasing the company’s total share capital to 121,197,750 ordinary shares. This development is part of a broader strategy to strengthen the company’s financial position and enhance its market presence, aligning with its focus on critical minerals essential for the clean energy transition.

More about Metals One PLC

Metals One PLC is a minerals exploration and development company focused on critical minerals and gold, operating in low-risk jurisdictions. The company is engaged in a strategy to meet the Western world’s demand for responsibly sourced raw materials, with a portfolio that includes projects in Finland, Norway, and the USA. Metals One’s most advanced project is the Black Schist Project in Finland, which is adjacent to one of Europe’s largest nickel producers.

Average Trading Volume: 4,097,503

Technical Sentiment Signal: Strong Buy

See more data about MET1 stock on TipRanks’ Stock Analysis page.

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