First Class Metals plc has fully converted the January 2026 loan note with the issue of 1,619,793 shares with the value of £37,500.
SUNBEAM
The shares’ issue on 4 June 2026 follows that on 3 June of the same number of shares with the same aggregate value.
Following admission, First Class’s total issued share capital will comprise 389,960,559 ordinary shares, with equal voting rights and none of which is held in treasury.
The company holds polymetal exploration interests in Ontario, Canada.
Executive chairman James Knowles said: “The funding enabled First Class Metals to advance key exploration initiatives, including the drilling programme at Sunbeam, while continuing to progress its wider Ontario portfolio.”