Alien Metals to Make a Bold Move: Giant Issue of Shares Plus Acquisition of New Goldmine
Alien Metals Limited is believed to have issued a staggering 68,443,400 new common shares, fuelling speculation that the company is on the march in a major way. Created as a form of payment to settle an advisory services bill amounting to around £57,635, these common shares hold no par value. Aliens Metal Limited is now looking to gain admission to the London Stock Exchange, ratcheting up excitement in the investor community. Trading of these common shares is expected to commence on the 28th of April, 2025.
Alongside this major shares shake-up, Alien Metals Limited has also turned heads with the recent entry into a collaborative venture with Errawarra Resources Limited. The two mining giants have joined hands in developing the Elizabeth Hill Silver Project, a historical silver mine brimming with potential for high-grade silver ore. This venture, added to the company’s focus on the profitable direct shipping iron ore operation from its 90% Hancock iron ore project, portrays a bright picture for the future of Alien Metals Limited.
- •Issue of Shares and Total Voting Rights investegate.co.uk23-04-2025