Ontario-focused explorer First Class Metals today began trading on the OTCID basic market to attract US investors.
Tag: First Class Metals plc
First Class targets US investors with OTCID listing
First Class Metals plc aims to attract investors in the USA by applying to list on the OTCID* basic market as an international reporting company. The application, expected to complete in around six to eight weeks, follows the company’s $10.64 million land use agreement in July for its Kerrs gold property in Ontario, Canada. “The strong […]
First Class issues 795,000 new shares
First Class Metals plc has issued 795,000 new shares of £0.001 pence each, following an options exercise by its chief executive officer and executive director, for an aggregate £15,900. TVRs Marc J. Sale was awarded the options in July 2022, and exercised them at two pence per ordinary share on 21 July 2026. Following admission, […]
First Class issues 14,795,000 share options
First Class Metals plc has issued options over a total of 14,795,000 ordinary shares, of £0.001 each, to directors and senior management under the company’s share option plan. DIRECTORS Executive chairman James Knowles and chief executive officer Marc Sale each received two million options, exercisable at £0.05 each. Non-executive directors Marc Bamber and Andrew Williamson, and […]
First Class closes Kerrs $10.64m land use agreement
First Class Metals plc has closed the site programme and land use agreement, with an indicative value of US$10.64 million (£8m), for its Kerrs gold project located in northeast Ontario, Canada. EXPLORATION The transaction with nGRND Inc results in the latter holding the conditional right to acquire all 386,465 ounces of gold. nGRND will first buy […]
First Class issues 8m new shares
First Class Metals plc has issued eight million new ordinary shares of £0.001 each, following a warrants exercise at 2.55p per share price, for an aggregate £204,000. TVRs Following admission, the company’s total issued share capital will comprise 424,276,349 ordinary shares, with equal voting rights. First Class holds no shares in treasury. The company’s exploration […]