Finance Metals & Minerals News

Metals issues 6m new shares

Metals Exploration plc has issued 6,099,128 new ordinary shares of £0.0001 each, following an exercise of options, at an average price of £0.0665 each, for an aggregate of £405,750.56.

Gold: exploration and production in Nicaragua and the Philippines (Pixabay)

TVRs

Following admission, the company’s issued share capital will comprise 3,285,555,158 ordinary shares, of which 299,385,458 ordinary shares are held in treasury.

The total number of voting rights is therefore 2,986,169,700.

Metals holds gold exploration licences in Nicaragua and exploration-production assets in the Philippines.