Metals Exploration (GB:MTL) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Metals Exploration PLC, a gold producer in the Philippines, has announced the sale of 100 million shares at 6p each by MTL Luxembourg S.a.r.l. to Drachs Investments No 3 Limited, an existing shareholder. This transaction changes the significant shareholdings, with MTL Luxembourg owning 37.67% and Drachs Investments holding 18.37% of the company’s voting rights.
For further insights into GB:MTL stock, check out TipRanks’ Stock Analysis page.