Latest Share Chat

First Class Met Share News (FCM)

First Class Met Information

Buy FCM Shares
Add FCM to Watchlist
Add FCM to Alert

This share is currently suspended. It was suspended at a price of 2.60

Share Price Information for First Class Met (FCM)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 2.60

Bid: 0.00

Ask: 0.00

Change: 0.00 (0.00%)

Spread: 0.00 (0.00%)

Open: 0.00

High: 0.00

Low: 0.00

Prev. Close: 2.60

Last checked at -

First Class Metals wins grant to support investment at Canadian site

Wed, 20th Mar 2024 17:12

(Alliance News) - First Class Metals PLC on Wednesday announced that it had been awarded a grant from the Ontario Junior Exploration Programme.

In 2023 the Ontario, Canada-focused metals exploration company explored its Zigzag property in search of lithium and other critical metals, culminating in a successful drill programme.

The Zigzag lithium and critical metals property is based in north west Ontario.

It has now been awarded a grant worth up to CAD200,000 to cover a maximum of 50% of the expenditure for work completed at the site.

FCM noted it has been successful in receiving the full grant in consecutive years and remains the first, and only, UK company to receive the grant which aims to provide "meaningful opportunities for junior companies to find mines".

Shares in FCM closed down 2.9% to 3.30 pence in London on Wednesday.

By Elijah Dale, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

22 Apr 2024 20:03

EARNINGS AND TRADING: Zenova's Kitemark award; Carnival's eyes savings

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and Monday and not separately reported by Alliance News:

9 Apr 2024 14:14

First Class Metals enters negotiations with leading asset manager

(Alliance News) - First Class Metals PLC on Tuesday said a process which may see the company dispose of assets has begun.

3 Apr 2024 18:42

EARNINGS AND TRADING: Saint-Gobain buys Bailey Group; Kropz inks loan

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

21 Mar 2024 19:05

EARNINGS AND TRADING: Getech confident; Aukett Swanke makes buy

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

19 Mar 2024 19:47

EARNINGS AND TRADING: Ten Lifestyle sees profit up but sales flat

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

29 Feb 2024 14:24

TRADING UPDATES: Itim revenue up 15%; Aminex completes seismic dataset

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

23 Feb 2024 08:59

TRADING UPDATES: Plant Health eyes Mexico Saori launch; NARF wins deal

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued this week and not separately reported by Alliance News:

7 Feb 2024 13:55

IN BRIEF: First Class finds lithium and critical metal trend at Zigaz

First Class Metals PLC - Ontario, Canada-focused exploration company - Identifies a further lithium and critical metal trend at its Zigzag project following a mobile metal ion soil sampling programme.

2 Feb 2024 10:47

IN BRIEF: First Class Metals "encouraged" by Palladium One exploration

First Class Metals PLC - Ontario, Canada-focused exploration company - Hails findings from West Pickle Lake area in Ontario. Adds that drilling along the eastern margin of the West Pickle zone has targeted borehole electromagnetic anomalies, returning 1.8% of nickel and 1.0% of copper over 1.5 meters in hole TK23-134. Chief Executive Officer Marc Sale says: "I remain encouraged with the progress the Palladium One exploration is making in the WPL zone and the wider discovery area. Particularly the success near to the FCM claim boundary with the results from TK23-128. FCM will continue to pursue third party interest in this sector of North Hemlo."

1 Feb 2024 20:00

EARNINGS AND TRADING: Tandem FY sales down 17%; Hikma's opioid deal

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

18 Dec 2023 18:31

IN BRIEF: First Class Metals finds spodumene pegmatites at Zigzag site

First Class Metals PLC - Ontario, Canada-focused exploration company - Finds spodumene-bearing pegmatites have been intersected in every targeted hole drilled at its Zigzag lithium property. Says the identified mineralisation remains open along strike and down dip. Says spodumene-bearing pegmamtite intersected in all nine targeted holes drilled, with over 50 metres of pegmatite intersections recorded. Says multiple mineralised pegmatite zones were intersected in holes targeting 400 metres of the known 800 metres strike. Says pegmatite thickness exceeded five metres thick, down hole, and the potentially multiphase mineralised system remains open along strike and down dip and plunge. Says all holes are being systematically logged and marked up for sampling before cutting and sample collection.

6 Dec 2023 13:47

IN BRIEF: First Class Metals starts drilling at Zigzag prospect

First Class Metals PLC - Ontario, Canada-focused exploration company - Says drilling has begun on its Zigzag hard rock lithium prospect. Signs an early exploration agreement with Whitesand First Nation/ Chief Executive Officer Marc Sale says: "The signing of the EEA with Whitesand exemplifies the positive relationship FCM is building with the First Nations. This agreement has paved the way for FCM's inaugural drill program, marking an exciting milestone for our company. We are thrilled to begin drilling at Zigzag, making it the first property where FCM will undertake drilling. This demonstrates our commitment to advancing our exploration efforts and emphasizes our dedication to responsible resource development."

28 Nov 2023 17:18

TRADING UPDATES: First Class says Zigzag enthusiasm "vindicated"

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

27 Nov 2023 11:26

First Class Metals signs with Netmizaaggamig Nishnaabeg First Nation

(Alliance News) - First Class Metals PLC on Monday looked optimistically to further exploration in Canada, after signing an agreement with the Netmizaaggamig Nishnaabeg First Nation.

Latest Share Chat

First Class Met Share News (FCM)

Share Price Information for First Class Met (FCM)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

First Class Metals wins grant to support investment at Canadian site

Login to your account

Quickpicks are a member only feature

Login to your account