Metals & Minerals News

Altona issues 4.3m new shares

Altona Rare Earths plc has issued 4,333,333 new ordinary shares of £0.01 each, following warrants exercises, at two pence per ordinary share, for £86,666.

TVRs

At the November 2025 general meeting, shareholders granted authorities to the company’s directors to issue the two-pence warrants.

Following admission, Altona’s enlarged share capital and total voting rights will number 374,682,301. 

The company has no shares held in treasury. 

The funds will be used for the fluorspar and gallium resource estimate and scoping study at Monte Muambe in northwest Mozambique.