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Capital Metals Secures Shareholder Approval for Key Resolutions

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Capital Metals Secures Shareholder Approval for Key Resolutions

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Capital Metals plc ( (GB:CMET) ) has provided an announcement.

Capital Metals PLC announced that all resolutions at its Annual General Meeting were approved by shareholders, marking a significant step forward in its project development. The approval includes re-appointments of directors and auditors, as well as granting authority for share allotment, which positions the company for further growth and development of its high-grade mineral sands project in Sri Lanka.

More about Capital Metals plc

Capital Metals is a UK-based company listed on the London Stock Exchange, focusing on the development of the Taprobane Minerals Project in Sri Lanka. The project involves high-grade mineral sands, including ilmenite, rutile, zircon, and garnet, and is recognized as one of the highest-grade mineral sands projects globally. The company aims to implement modern mining practices and contribute positively to the local community and Sri Lanka’s economy.

Average Trading Volume: 452,635

Technical Sentiment Signal: Hold

Current Market Cap: £18.42M

Learn more about CMET stock on TipRanks’ Stock Analysis page.

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