IN BRIEF: Metals One books profit selling part of Fulcrum Metals stake

Tue, 10th Mar 2026 13:31

Metals One PLC - London-based metals exploration and development company - Sells 4.5 million shares in Fulcrum Metals PLC for GBP450,000, with this representing approximately a 173% profit on its weighted average share purchase price. Says that following the sale, it holds 4.3 million shares in Fulcrum, representing around 3.0% of its issued share capital. This is in addition to 1.5 million warrants at an exercise price of 10 pence, expiring in July next year, it adds.

"We are pleased with the progress Fulcrum is making in advancing its projects in Canada. After releasing some profit to satisfy market demand, Metals One retains significant upside exposure to the opportunity in Fulcrum's innovative, cyanide free approach to precious metals recovery from tailings," says Managing Director Daniel Maling.

Current stock price: 1.85 pence, up 2.8% on Tuesday afternoon in London

12-month change: down 84%

By Christopher Ward, Alliance News reporter

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