Metals & Minerals News

Strategic issues 20m new shares

Strategic Minerals plc, parent of Cornwall Resources Ltd, issued 20 million new ordinary shares of £0.001 each, following a warrants exercise at £0.005 per share, for a total £100,000.

Interests: metals projects in England, Australia and New Mexico (Pixabay)

TVRs

Following admission, the company will have 2,369,297,949 ordinary shares in issue, with a equal number of voting rights.

Strategic’ assets include the Redmoor tungsten-tin-copper exploration project in Cornwall; the Leigh Creek shovel-ready copper mine in Australia, which is under a possible sale; and the Cobre magnetite stockpile in New Mexico.