First Class Metals PLC Announces Board Restructuring Amid Strategic Investment

First Class Metals Plc ( (GB:FCM) ) has shared an update.

First Class Metals PLC has announced significant changes to its board, with David Webster appointed as Non-Executive Chairman following a substantial investment by The Seventy Ninth Group, which now holds a 41% stake in the company. These changes are expected to strengthen the company’s strategic direction and operational activities, as it continues to advance its exploration projects in Ontario’s gold and critical metals sector.

More about First Class Metals Plc

First Class Metals PLC is a metals exploration company focused on Ontario, Canada, a region known for its robust junior mineral exploration sector. The company holds 100% ownership of seven claim blocks along the Hemlo-Schreiber-Dayohessarah greenstone belt, exploring for gold, base metals, and rare earth elements. It is also engaged in a joint venture on the West Pickle Lake Property, a high-grade Ni-Cu project.

YTD Price Performance: 41.18%

Average Trading Volume: 420,468

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.42M

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