First Class Metals Settles Director Share Loan

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

UK-based First Class Metals PLC has announced the issuance of 9,695,332 new ordinary shares to director James Knowles, completing the repayment of a share loan. The shares are expected to be admitted to the London Stock Exchange around July 15, 2024, bringing the company’s total issued share capital to 91,741,361 ordinary shares. This move comes as the company continues its exploration for gold, base metals, and rare earth elements across its extensive land holdings in northwest Ontario, Canada.

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