RE: Uranium ness permits5 Aug 2025 07:47
This deal.was agreed at 16p per MET1 share , just as of last week , clearly both parties are happy MET1 should be much higher than 5 pence
from 10% to 30%. NovaCore is a private U.S.-based company advancing the large-scale Red Basin Uranium Project in Catron County, New Mexico.
Accordingly, Metals One has subscribed for an aggregate additional 1,461,653 shares in NovaCore at a price of US$0.587 per share for an aggregate consideration of US$856,000. The consideration payable by Metals One will be settled through the issue of 3,873,959 new ordinary shares of £0.001 each ("Shares") in Metals One at a price of 16.487p per Share, being the volume-weighted average price of the Company's Shares in the 30 days prior to the exercise of the warrants (the "Consideration Shares").