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Empire Metals ( (GB:EEE) ) has issued an update.
Empire Metals Limited has announced the exercise of options by its employees, resulting in the issuance of 3,000,000 new ordinary shares, raising £362,500. This move is part of the company’s ongoing efforts to enhance its financial position and support its strategic focus on the development of the Pitfield titanium project, which holds significant potential for future growth.
More about Empire Metals
Empire Metals Limited is an AIM-listed and OTCQX-traded exploration and resource development company focusing on developing the Pitfield project, a major titanium discovery in Western Australia. The company is working on two key prospects, Cosgrove and Thomas, with significant titanium dioxide mineralization, and also holds additional exploration projects in Australia and Austria.
Average Trading Volume: 5,671,056
Technical Sentiment Signal: Buy
Current Market Cap: £403.2M
For detailed information about EEE stock, go to TipRanks’ Stock Analysis page.