Technology Minerals PLC (GB:TM1) has released an update.
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Technology Minerals PLC, a pioneer in the sustainable circular economy for battery metals, has initiated a drawdown of £400,000 and is converting £90,000 of convertible bonds into over 27 million new ordinary shares. The funds will enhance the operations at Recyclus’ lithium-ion plant, including the addition of an EV battery disassembly and dismantling unit, positioning the company as a complete recycling solution for industry players. The newly issued shares are slated for listing on the London Stock Exchange, expanding the company’s financial footprint and advancing its commitment to eco-friendly battery recycling.
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