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Technology Minerals PLC ( (GB:TM1) ) just unveiled an update.
Technology Minerals Plc has raised £250,000 by issuing 448,493,000 new ordinary shares, with a significant portion bought by CEO Alexander Stanbury. This fundraising effort is aimed at bolstering the company’s general working capital. The shares are set to be admitted to the London Stock Exchange, increasing the total voting rights to over 2.3 billion, which will help shareholders determine their interests in the company under FCA rules.
More about Technology Minerals PLC
Technology Minerals Plc is pioneering the creation of a sustainable circular economy for battery metals in the UK. The company focuses on recycling, recovering, and reusing battery technologies with an emphasis on raw material exploration for Li-ion batteries, addressing ecological issues by recycling spent Li-ion batteries for reuse by battery manufacturers.
YTD Price Performance: -33.33%
Average Trading Volume: 65,652,584
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.25M
For detailed information about TM1 stock, go to TipRanks’ Stock Analysis page.
