Alien Metals Ltd ( (GB:UFO) ) has issued an announcement.
Alien Metals Limited has issued 68,443,400 new common shares to cover advisory service payments totaling £57,635. These shares will be admitted to trading on AIM on April 28, 2025, increasing the total number of shares with voting rights to 7,578,358,786. This move is part of the company’s ongoing efforts to manage its financial obligations and maintain its strategic operations in the mining sector.
More about Alien Metals Ltd
Alien Metals Limited is a mining exploration and development company listed on the AIM market of the London Stock Exchange. The company focuses on delivering a profitable direct shipping iron ore operation from its 90% Hancock iron ore project in the central Pilbara region of Western Australia. Additionally, it holds interests in other iron ore projects and one of Australia’s largest PGM deposits, Munni Munni. Alien Metals is also involved in a joint venture for the Elizabeth Hill Silver Project.
YTD Price Performance: 12.50%
Average Trading Volume: 40,865,380
Technical Sentiment Signal: Buy
Current Market Cap: £6.76M
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