Fulcrum Metals plc has increased its fundraise held earlier this month with two additional subscriptions. HOLDINGS The company raised £114,000 via a previously intended subscription by certain board members of 1,431,250 new ordinary shares at the issue price of 8 pence each. A further £130,000 was raised from certain existing shareholders on the same terms […]
Tag: Sylvanite tailngs
Fulcrum raises £643,500 via subscription
Fulcrum Metals plc has raised £643,500 via a 45% discounted conditional subscription of 8,043,750 new ordinary shares of 1 pence, at a price of 8 pence per share, by certain existing shareholders. DIRECTORS The company’s directors will later this month raise an additional £114,500, comprising a £89,769 subscription and conversion of outstanding salaries totalling £24,731 into […]
Fulcrum signs Sylvanite gold tailings option
Fulcrum Metals plc has signed an option to purchase the gold tailings project at the former producing Sylvanite mine in Ontario. RETURNS The acquisition lies 3km from the company’s Tech-Hughes gold tailings project, acquired in November 2023. Between 1927 and 1961 Sylvanite milled 4.58 million tonnes of ore and produced 1.67m oz. Fulcrum investor Panther […]