Anyone got any idea what’s going on here?
So £8m market cap based on new shares in issue. £4m cash from funding. Interesting even considering the recent gain
Upon Admission, the Company’s issued ordinary share capital will consist of 41,146,750 Ordinary Shares with one voting right each.
this is one strange share
Jonathan Owen, CEO of Metals One, commented:
“The transaction completed today has the potential to bring in up to £15 million in gross proceeds to secure high impact metals exploration opportunities, both within our existing projects and others we may look to acquire. There are a lot of high-quality projects out there which lack the resources to advance them. With the benefit of this funding, Metals One will look to capitalise on this, applying smart exploration techniques to high-impact opportunities. The first wave of these is likely to be our drilling of high impact copper targets in Finland this year. We look forward to announcing further details on our exploration programmes in the coming weeks.”