Technology Minerals PLC (GB:TM1) has released an update.
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Technology Minerals PLC has announced the receipt of a Conversion Notice for £90,000 of Convertible Bonds, resulting in the issuance of 36,855,036 new Ordinary Shares at a conversion price of 0.2442 pence per share. These shares are expected to be admitted to trading on the London Stock Exchange around 22 July 2024, which will bring the total issued share capital to 1,673,907,539 shares. The company is the UK’s first listed entity dedicated to creating a sustainable circular economy for battery metals, focusing on both the recycling of Li-ion batteries and the raw material exploration needed for these batteries.
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