First Class Metals plc has raised £400,000 through its “multiple times” oversubscribed retail offer, exceeding its initial target. TVRs The company said it increased the retail offer, at the issue price of 1.52 pence per share, due to demand which resulted in the issue of 26,315,789 new ordinary shares. Following admission First Class’ issued share […]
Tag: Ontario – Canada
First Class draws down £650,000 from CLN
First Class Metals plc has drawn down £650,000, under revised terms of its convertible loan note facility from January 2026. TVRs Of the sum, the company converted £250,000 into 16,447,368 new ordinary share at a price of 1.52 pence per share, equal to an approximate 18% discount to the mid-market closing price on 20 March 2026. […]
First Class issues 5.3m new shares
First Class Metals plc has issued 5,311,355 new ordinary shares to convert a portion of the £1million loan note from January 2026. TVRs The portion of notes, converted on 10 March 2026, hold hold a value of £43,500. Following admission, the company’s issued hare capital will comprise 287,834,413 ordinary shares, each with equal voting rights. […]
Fulcrum raises £550,000
Fulcrum Metals plc has raised gross £550,000 through a direct subscription with a new single investor, for five million new ordinary shares of one pence each, at 11 pence per share. TVRs The issue price is a premium of approximately 4.8% to the closing mid-market price of the company’s ordinary shares on 6 March 2026. […]
Focus raises £75,000
Focus Xplore plc has raised £75,000 through convertible loan notes to settle “certain historic creditors” and provide working capital. DIRECTORS Each ordinary share, issued on conversion to the holders of the loan notes, has one warrant attached for one new ordinary share. Subscribers for the loan notes include Focus’ new incoming non-executive director Neil Slade […]
Focus makes series of board changes
Focus Xplore plc plans to make a series of board changes, including the appointment of a new chairman and chief executive officer. DIRECTORS Antony Legge will become the independent non-executive chairman, replacing Sean Wade who will step down from the board. David Russell will be appointed executive director and Neil Slade as non-executive director, while […]