Source - Alliance News

Technology Minerals PLC - London-based battery metals and recycling firm - Receives conversion notice from Atlas Capital Markets LLC on Wednesday for £80,000 of convertible bonds from the convertible bond facility announced in March. Technology Minerals says it has drawn a total of £2.1 million under the facility, £330,000 of which has been converted into new ordinary shares. ACM indicates it has no immediate plans to dispose of the shares. Technology Minerals will issue around 18.4 million shares at 0.43516 pence each.

Current stock price: 0.50 pence, up 11 % in London on Friday

12-month change: down 76%

Copyright 2024 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Technology Minerals PLC (TM1)

-0.03p (-12.50%)
delayed 13:30PM