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Metals One PLC ( (GB:MET1) ) has shared an announcement.
Metals One PLC announced the exercise of Cash and Prepaid Warrants, resulting in the issuance of 12,400,000 new ordinary shares. These shares will be admitted to trading on AIM, increasing the company’s total issued share capital to 145,297,750 ordinary shares. This move is expected to enhance the company’s financial flexibility and strengthen its position in the critical minerals market.
More about Metals One PLC
Metals One PLC is a minerals exploration and development company focusing on critical minerals and gold. The company operates in low-risk jurisdictions, driven by the Western world’s demand for responsibly sourced raw materials and high gold prices. Its portfolio includes projects in Finland, Norway, and the USA, with a significant project being the Black Schist Project in Finland.
Average Trading Volume: 7,278,239
Technical Sentiment Signal: Sell
Learn more about MET1 stock on TipRanks’ Stock Analysis page.