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Pathfinder Minerals ( (GB:RMR) ) has shared an update.
Rome Resources Plc, a company focused on tin exploration in the Democratic Republic of Congo, has issued 221,544,334 warrants over new ordinary shares to certain directors, a senior management team member, and a professional adviser. The issuance is a strategic move to recognize the additional contributions of directors, notably in settling a Mozambique claim and securing strategic investments. If fully exercised, these warrants will bring in approximately £0.78 million in gross proceeds, enhancing Rome’s financial position. The exercise of the warrants is contingent on approval at the upcoming general meeting, and they have a set exercise period of five years from the meeting date.
More about Pathfinder Minerals
YTD Price Performance: 23.21%
Average Trading Volume: 20,040,837
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £16.81M
See more data about RMR stock on TipRanks’ Stock Analysis page.
