Metals Corp (MTAL) has released an update.
Metals Acquisition Limited has successfully completed the redemption of its outstanding public and private placement warrants, resulting in the issuance of approximately 4.7 million new ordinary shares and a 6.35% dilution to existing shareholders. The company’s stocks continue to trade on the NYSE under the ticker MTAL, unaffected by the warrant redemption. Additionally, Metals Acquisition is set to join the Russell 3000® Index following the 2024 reconstitution, elevating its market visibility.
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