First Tin Plc (GB:1SN) has released an update.
First Tin PLC has successfully raised approximately £2.1 million through a placement of 53 million new shares to fund environmental impact studies, permitting processes in Australia and Germany, and for general working capital. The funding is contingent on shareholder approval at a general meeting scheduled for July 29, 2024. The company aims to contribute to the global clean energy movement by developing conflict-free tin resources with high environmental standards.
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