Metals Exploration PLC Reorganizes Shareholding Structure to Support Acquisition

Pick the best stocks and maximize your portfolio:

An announcement from Metals Exploration ( (GB:MTL) ) is now available.

Metals Exploration PLC announced a shareholding reorganization involving their largest shareholder, MTL Lux, transferring 650 million shares to Candy Investments, both owned by Nick Candy. This transfer does not alter the beneficial ownership. The changes facilitate the company’s recommended offer to acquire Condor Gold plc and include new agreements to manage stakeholder relationships and governance.

More about Metals Exploration

Metals Exploration PLC is a gold producer based in the Philippines, focusing on gold mining operations.

YTD Price Performance: 98.08%

Average Trading Volume: 2,399,511

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £89M

See more data about MTL stock on TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.