Ontario-focused explorer First Class Metals today began trading on the OTCID basic market to attract US investors.
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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 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 […]
First Class fully converts loan note
First Class Metals plc has fully converted the January 2026 loan note with the issue of 1,619,793 shares with the value of £37,500. SUNBEAM The shares’ issue on 4 June 2026 follows that on 3 June of the same number of shares with the same aggregate value. Following admission, First Class’s total issued share capital […]
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. […]