The latest update is out from Metals One PLC ( (GB:MET1) ).
Metals One PLC has announced a WRAP Retail Offer to raise up to £100,000 through the issuance of new ordinary shares at 2 pence per share. This offer, facilitated via the Winterflood Retail Access Platform, allows existing retail shareholders in the UK to participate at the same price as other investors in a recent equity fundraising. The proceeds are intended to support the company’s strategic mineral projects. The offer is conditional upon the new shares being admitted to trading on AIM, with trading expected to commence on 1 April 2025.
More about Metals One PLC
Metals One is engaged in developing strategic metals projects in Finland and Norway, focusing on meeting Europe’s demand for locally sourced strategic minerals. The company owns significant stakes in projects with resources of nickel, copper, cobalt, and zinc, including the Black Schist Projects in Finland and the Råna Project in Norway. Metals One is also planning to acquire additional copper-zinc projects in Finland.
YTD Price Performance: 114.29%
Average Trading Volume: 2,508,909
Technical Sentiment Signal: Sell
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