Pathfinder Minerals (GB:PFP) has released an update.
Pathfinder Minerals PLC has announced a significant reverse takeover with the proposed acquisition of Rome Resources Ltd, aiming to capitalize on Rome Resources’ high-grade tin exploration prospects. To facilitate the acquisition, Pathfinder intends to issue over 1.3 billion new shares and change its name to Rome Resources Plc, subject to shareholder approval. The deal is part of a strategic move to tap into the growing demand for tin, driven by the energy transition and advancements in AI.
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