Fulcrum Metals PLC - Issue of Equity
RNS Number : 2872Q
Fulcrum Metals PLC
17 December 2024
Fulcrum Metals plc / EPIC: FMET / Market: AIM / Sector: Mining
17 December 2024
Fulcrum Metals plc
("Fulcrum" or the "Company" or the "Group")
Issue of Equity in lieu of Cash to Service Provider
Fulcrum Metals plc (LON: FMET), a company focused on mineral exploration and development in
Canada, announces that it has issued 240,000 ordinary shares of 1 pence each in the Company
(the "New Shares") to a service provider in lieu of cash payment.
Application has been made for the admission of the 240,000 new ordinary shares to trading on
AIM ("Admission"). The New Shares will rank pari passu with the existing ordinary shares and it is
expected that Admission will become effective at 8.00 a.m. on 20 December 2024.
Following Admission, the Company's issued share capital will consist of 61,825,943 ordinary
shares with voting rights. The Company does not hold any ordinary shares in treasury. This figure
of 61,825,943 may be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they require to notify their interest in, or a change to
their interest in, the share capital of the Company under the UK Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
For further information please contact:
Fulcrum Metals PLC
Ryan Mee (Chief Executive Officer)
Allenby Capital Limited
adviser)
Nick Athanas / George Payne
Via St
Limited
Brides
Partners
(Nominated
Tel: +44 (0) 203 328 5656
Clear Capital Markets Limited (Broker)
Bob Roberts
Tel: +44 (0) 203 869 6081
St Brides Partners Ltd (Financial PR)
Ana Ribeiro / Paul Dulieu
Tel: +44 (0) 20 7236 1177
Notes to Editors
FULCRUM METALS - BACKGROUND
Fulcrum Metals PLC (LON: FMET) is an AIM quoted exploration and development company which
finances and manages exploration projects focused on Canada, widely recognised as a top mining
jurisdiction. Fulcrum's ambition is to create an environmentally friendly and sustainable tailings
and mine waste business, driving mining change through combining low discovery risk assets and
jurisdictions with transformative technology capable of near-term cash flow whilst capitalising on
a portfolio of highly prospective exploration assets.
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IOEFFEFMMELSELE
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