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An update from Technology Minerals PLC ( (GB:TM1) ) is now available.
Technology Minerals Plc announced the application for admission of 10,362,520 Ordinary shares to be issued to Atlas Capital Markets LLC, maintaining the total funds drawn under their £5.5 million facility at £2.5 million. This move will increase the total number of issued shares and voting rights to 2,333,583,515, impacting shareholder calculations under the Financial Conduct Authority’s rules.
More about Technology Minerals PLC
Technology Minerals Plc is the first listed UK company focused on creating a sustainable circular economy for battery metals. The company employs cutting-edge technology to recycle, recover, and re-use battery technologies, addressing the ecological issue of spent Li-ion batteries by recycling them for re-use by battery manufacturers. Their market focus includes raw material exploration required for Li-ion batteries, contributing to a renewable energy future.
YTD Price Performance: -44.44%
Average Trading Volume: 42,497,809
Technical Sentiment Signal: Buy
Current Market Cap: £2.32M
Find detailed analytics on TM1 stock on TipRanks’ Stock Analysis page.