First Class Metals plc plans to add rare earths elements to its portfolio with three-year options over two properties in northwest Ontario, Canada. BATHOLITH Block H and F, covering 18km² and 33km² respectively, lie within “one of the most anomalous REE regions”, as identified in the province-wide lake sediment geochemical database, containing 48,367 samples. Both […]
Tag: First Class Metals plc
First Class issues 4.3m new shares for CLN
First Class Metals plc has issued 4,303,349 new ordinary shares, after receiving notice to convert a 70,000 portion of the November 2025 loan notes, for £70,000. TVRs Following admission, the company’s issued share capital will comprise 244,889,548 ordinary shares of 0.1p each, with equal voting rights. First Class does not hold any shares in treasury. […]
First Class issues 3.7m new shares
First Class Metals plc has issued 3,711,401 new ordinary shares to convert a £50,000 portion of loan notes issued on 12 November 2025. TVRs Following admission, the company’s issued share capital will consist of 237,644,221 ordinary shares of 0.1p each, with voting rights. First Class does not hold any shares in treasury. The company holds […]
First Class issues 3.7m new shares
First Class Metals plc has issued 3,711,401 new ordinary shares, following notice to convert a £50,000 portion of loan notes, related to the £500,000 CLN from 12 November 2025. TVRs Following admission, the company’s issued share capital will comprise 237,644,221 ordinary shares of 0.1p each, with equal voting rights. First Class does not hold any […]
First Class starts 700m drilling at North Hemlo
First Class Metals plc has started a minimum 700-metres of NQ diamond core drilling on its North Hemlo gold-molybdenum-nickel-copper property in Ontario, Canada. DEVELOPMENT The Dead Otter trend is the priority target, followed by at least two further locations including Dead Otter trench. The company said it had also begun interpretation of the very low […]
First Class secures £500,000 CLN
First Class Metals plc has agreed a convertible loan note for £500,000 with an “international institutional investor” to fund drilling the Dead Otter gold trend on North Hemlo in Ontario, Canada. USES The interest-free CLN matures in 12 months and has a conversion price of 80% of the lowest five-day VWAP prior to any conversion notice. The […]