Metals One plc

The court hearing on the remediation plan for the Barbrook gold mine, approved by Lions Bay Resources, will take place on 12 October 2026. A separate application to remove the current remediation trustee was postponed to 7–8 January 2027 due to interventions by the tribal authority and security firm Belvipoint; both parties support the remediation plan. Metals One holds a 30% stake in Lions Bay and has an option on a further 19.99%; Lions Bay says it has largely implemented the plan and aims to resume mine operations later this year. » Mere på de.investing.com

Metals One has received a senior Schuldschein of £4.0m gross from YA II PN, LTD., bearing interest of 7% p.a. and including a 5% discount (Disagio), resulting in net proceeds of around £3.74m. Repayment will be made in equal monthly instalments of 10% of the nominal amount starting 60 days after completion; on default the interest rate increases to 18% p.a. In addition, 221,361,372 warrants with a three‑year term will be issued at an exercise price equal to 130% of the most recent closing price, with holdings above 9.99% excluded. The proceeds are intended for gold projects in Africa and the Americas and for working capital; the obligations are guaranteed by subsidiaries, and the company has appointed Spark Advisory Partners as its new AIM nominated adviser. » Mere på de.investing.com

Metals One allotted 21,022,549 ordinary shares from the Employee Benefit Trust to Daniel Maling and 5,255,636 to Craig Moulton; after the allotment Maling holds 35,081,751 shares (2.84%) and Moulton 5,392,336 shares (0.43%). In addition, 3,000,000 shares were awarded to employees for individual performance targets, and the Trust now holds 76,766,608 shares (6.22%). The board granted non-executive directors and advisers options over a total of 15,000,000 shares at an exercise price of 2 pence per share, with a three-year term and a two-stage vesting schedule; the options are non-transferable. Metals One is a project developer and investor in critical metals with a focus on gold and uranium. » Mere på de.investing.com