Metals Exploration plc has granted options over 10,600,000 new ordinary shares of £0.0001 each in the company to certain directors, under its 2024 long-term incentive plan. AWARDS The recipients are two shareholder-appointed directors who act in the same manner as the independent directors. Chairman Steven Smith was awarded 6.6 million options and non-executive director Rob […]
Tag: La India – Nicaragua
Metals issues 1.2m shares in warrants exercise
Metals Exploration plc has issued 1,233,818 new ordinary shares of £0.0001 each in a warrants exercise, at an exercise price of £0.0605 for £74,646. TVRs Following admission, the company will have 3,217,284,188 ordinary shares in issue, of which 299,385,458 ordinary shares are held in treasury. The total number of voting rights is therefore 2,917,898,730. Metals […]
Metals issues 250.6m new shares
Metals Exploration plc has issued a total of 250,611,582 new ordinary shares following notices to exercise options and warrants of £0.0001 each in the company. TVRs The exercise notices include options over 229,600,000 new ordinary shares at an exercise price equal to nominal value under Metals’ long term incentive plan (LTIP), after all performance conditions […]
Metals NED-PCA purchase 827,314 shares
Metals Exploration plc non-executive director Rob Marshall and a person closely associated with him have purchased in total 827,314 ordinary shares of £0.0001 in the company. On 21 May Mr Marshall bought 307,314 ordinary shares, each at a price of £0.0766, and on 22 May his PCA bought 520,000 ordinary shares, each at £0.0765. Following the […]
Metals to begin geotechnical drilling at La India
Metals Exploration plc has mobilised a drill rig to start geotechnical and exploration programmes at the La India gold project in Nicaragua. CVRs The company said that geotechnical drill holes would advance mine development studies before exploration drilling tests resource extensions north of the current proposed open pit. The rig arrived on site on 23 […]
Metals’ NED-PCA buy 564,901 shares
Metals Exploration plc non-executive director Andrew Chubb and a person closely associated with him have purchased in total 564,901 ordinary shares of £0.0001 each at an average 6.14p per share. Mr Chubb acquired 315,743 shares in the company on 28 and 31 March and Victoria Chubb bought 249,158 shares on 28 March. Following the acquisition, both […]