Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
An announcement from URU Metals ( (GB:URU) ) is now available.
URU Metals Limited has announced an extension of the maturity date for its convertible loan with Boothbay Absolute Return Strategies LP to May 31, 2025. This extension provides the company with additional financial flexibility, as Boothbay has agreed not to convert the loan into ordinary shares before March 1, 2025. The arrangement continues to allow for conversion at a 35% discount under certain conditions, potentially impacting the company’s equity structure depending on future share price movements and corporate activities.
More about URU Metals
URU Metals Limited operates in the metals and mining industry, focusing on the exploration and development of mineral resources.
Average Trading Volume: 1,412
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.47M
For detailed information about URU stock, go to TipRanks’ Stock Analysis page.
