Finance Metals & Minerals News

Fulcrum issues 466,667 new shares

Fulcrum Metals plc has issued 466,667 new ordinary shares of one pence each after receiving notice to exercise warrants, for a total of some £14,000. TVRs Following admission, the company’s total issued share capital will comprise 153,624,692 ordinary shares of one pence each, with one voting right each. Fulcrum does not hold any ordinary shares […]

Metals & Minerals News

Fulcrum signs pilot plant contract for Teck-Hughes

Fulcrum Metals plc has signed a contract for a standalone pilot plant to process material from the Teck-Hughes gold tailings project in Ontario, Canada. COMMERCIAL Test Design Implement Solutions LLC (TDI)’s plant will process 2.4 tonnes of material per day, and use Extrakt Process Solutions’ cyanide-free technology to recover metals from mine waste. The plant […]

Finance Metals & Minerals News

Fulcrum secures surface rights at Teck Hughes

Fulcrum Metals plc has secured five long-term surface rights over 270 acres around the Teck Hughes gold mine tailings recovery project in Ontario, Canada. STRATEGY The deal gives the company access to land and flexibility for “exploration activities, environmental studies, infrastructure planning and future development work”. Fulcrum said that the move was a “positive step […]

Finance Metals & Minerals News

Fulcrum secures £6m for tailings projects

Fulcrum Metals plc has secured £6 million funding with institutional investor YA II PN Ltd to advance its Teck-Hughes and Sylvanite gold mine tailings projects in Ontario, Canada. PILOT PLANT The financing comprises a combination of equity and convertible debt funding as well as an at-the-market subscription facility, arranged with Fulcrum’s broker Clear Capital Markets […]