Metals One PLC (GB:MET1) has released an update.
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Metals One PLC has announced that Kingsrose Mining Limited has successfully completed the second stage of their earn-in agreement for the Råna Ni-Cu-Co Project in Norway, now holding a 51% interest. The recent drilling program saw 706 meters drilled, with results pending, and Kingsrose intends to increase their stake to 65% with further investment. Metals One, in turn, has issued new shares as part of the transaction and expects to trade these shares on the AIM market shortly.
For further insights into GB:MET1 stock, check out TipRanks’ Stock Analysis page.
