First Class Metals plc investor The 79th Group Ltd, which is currently under Police investigation for fraud, has reduced its holding in the Ontario-focused metals exploration company. MOMENTUM Quantuma Advisory Ltd which, with Kroll Advisory Ltd, is joint administrator of 79th, today stated that it had entered into a share purchase agreement with Anthony Charles […]
Tag: City of London Police
FCM investor appoints administrators
First Class Metals plc said it was seeking new funding after its largest investor The Seventy Ninth Group Ltd appointed administrators. DISCUSSIONS The move follows a current fraud investigation by City of London Police into Seventy Ninth and the subsequent resignation of the chairman of both companies David Webster. In December 2024, FCM secured a […]