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Share Name | Share Symbol | Market | Stock Type |
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Metals One Plc | MET1 | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.40 | 0.40 | 0.40 | 0.40 |
Industry Sector |
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GENERAL FINANCIAL |
Top Posts |
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Posted at 03/11/2023 11:20 by hedgehog 100 Current share price 3rd. November 2023: 2.9p208,450,000 shares in issue Market capitalisation: £6.045M. "Metals To Power A Green Future Defining battery metal resources in Europe, for Europe" 31/07/2023 06:00 UK Regulatory (RNS & others) Metals One PLC Admission to AIM & First Day of Dealings LSE:MET1 Metals One Plc "Admission to Trading on AIM & First Day of Dealings Metals One, which is advancing battery metal projects at brownfield sites in Finland and Norway, is pleased to announce the admission of its entire issued share capital of ordinary shares of GBP0.01 each to trading on AIM, a market operated by London Stock Exchange plc, at 8.00 a.m. today under the ticker 'MET1' ("Admission"). Information required pursuant to AIM Rule 26 is available on the Company's website at: www.metals-one.com . Admission follows a placing by Shard Capital Partners LLP ("Shard") and SI Capital Limited ("SI"), as well as a Company Subscription, for a combined total of 44,000,000 Ordinary Shares at 5p per Ordinary Share (the "Placing Price"), raising gross proceeds of GBP2.2 million, before expenses (the "Placing"). Shard and SI acted as Joint Brokers and Beaumont Cornish acted as the Nominated Adviser in relation to the Admission. Strategic Highlights -- European brownfield battery metals projects with approximately GBP9 million of exploration carry exposure through farm-in agreements -- Projects are either adjacent or analogous to other world-class high-purity nickel sulphate deposits -- Projects are well-located to supply Europe's major electric vehicle Original Equipment Manufacturers ("OEMs") and battery manufacturers ... Jonathan Owen, CEO of Metals One, commented: " Metals One has listed with interests in nickel projects with substantial exploration carry exposure through farm-ins at a critical time for battery metals driven by the continued rise in electric vehicle adoption globally . With European brownfield projects, experienced partners, and funded work programmes in place, our projects are well positioned for rapid advancement as we seek to establish ethically mined sources of critical minerals, including nickel, in Europe, close to future customers." Placing Statistics: Placing Price per Ordinary Share 5 pence Gross proceeds of Placing GBP2.2m Percentage of share capital subject to lock-in 76.68% Net proceeds of the Placing received GBP1.71m by MET1 Number of Ordinary Shares in issue following Admission 208,450,000 Market capitalisation at the Placing GBP10.4m Price ..." |
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