First Class Metals plc has made the final shares payment, under an option agreement with Nuinsco Resources Ltd, towards a controlling interest in the Zigzag lithium property in Ontario, Canada. PEGMATITE The exploration project is also considered prospective for “a suite of critical metals including rubidium, gallium and tantalum”. First Class will issue 2,277,816 new […]
Tag: First Class Metals plc
First Class agrees up to £1m CLN
First Class Metals plc has secured new interest-free convertible loan note for up to £1 million with an international investor. WARRANTS The financing, agreed at the end of January, will fund inaugural drilling on the Sunbeam gold property in Ontario, Canada as well as general working capital. The interest-free convertible loan notes are of £1 […]
First Class adds rare earths to Ontario footprint
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 […]
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 […]