An announcement from MetalsTech Ltd ( (AU:MTC) ) is now available.
MetalsTech Limited has announced an extension to the settlement date for the sale of a substantial portion of its securities, representing approximately 17.9% of its issued capital, to a significant private mining investor. The transaction, valued at A$18,537,000, includes a non-refundable deposit and an assignment of debt, ensuring alignment between the sellers and the company. The company continues to focus on its Sturec Gold Project, with a Pre-Feasibility Study expected to be completed by the end of the year, indicating ongoing efforts to enhance its market position and operational capabilities.
More about MetalsTech Ltd
MetalsTech Limited is a company operating in the mining industry, primarily focused on advancing the Sturec Gold Mine in Slovakia. The company is engaged in the exploration and development of gold resources, with a significant emphasis on unlocking value from its flagship 2.7Moz Sturec Gold Project.
YTD Price Performance: -15.00%
Average Trading Volume: 5,358
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.8M
For a thorough assessment of MTC stock, go to TipRanks’ Stock Analysis page.