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 […]
Tag: Metals Exploration plc
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 starts construction at La India
Metals Exploration plc has started constructing infrastructure, marked by an official opening ceremony, at the La India gold project in Nicaragua. ECONOMY The project hosts the historic La India gold mine which produced between 1938 and 1956, mainly while owned by Canadian miner Noranda Inc. Condor Gold plc, acquired by Metals, began exploratory work in […]
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 publishes fifth sustainability report
Metals Exploration plc has published the fifth sustainability report for its subsidiary FCF Minerals’ performance at its Philippines operations, including the Runruno gold mine, for 2024. INVESTMENT The company said it had also switched from biennial to annual publication to increase FCF Minerals’ transparency, with the report’s figures comparing with those of 2023. The company […]