tiprankstipranks
Arc Minerals Expands Shares for Creditor Payments
Company Announcements

Arc Minerals Expands Shares for Creditor Payments

ARC Minerals Limited (GB:ARCM) has released an update.

Don't Miss our Black Friday Offers:

Arc Minerals Limited has issued 2,094,000 new ordinary shares at a price of 1.7498 each to creditors in lieu of cash payment for services. These shares are expected to be admitted for trading on the AIM market of the London Stock Exchange around 16 August 2024, after which the company will have a total of 1,448,108,263 voting rights. The new shares will be on equal footing with existing shares, including dividend rights.

For further insights into GB:ARCM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskArc Minerals Faces Legal Hurdles in Zambia
TipRanks UK Auto-Generated NewsdeskArc Minerals Finds Promising Copper in Botswana Drilling
TipRanks UK Auto-Generated NewsdeskArc Minerals Announces 2024 Annual General Meeting
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App