Metals One confirms details of retail offer
The offer was originally announced on 31 January 2025.
The retail offer will be facilitated via the Winterflood Retail Access Platform (WRAP) to raise up to £100,000 at 2p per share.
The shares are being made available at the same price as the equity fundraising that was announced on 31 January 2025 and which completed on 25 March.
The WRAP retail offer is expected to close at 8am on 28 March 2025.
There is a minimum subscription of £1,000 per investor under the offer.
View from Vox
The news follows a successful general meeting in which a share consolidation was approved. All told, it looks like Metals One may well have turned a corner. New projects are coming into the company, the Black Schist project in Finland now has an economic model around, and there is some volume to trading. It will be interesting to see how much retail comes into the WRAP offer.
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