Metals One PLC (LSE:MET1) has made a strategic investment of C$750,000 in Lions Bay Capital Inc., acquiring a 19.1% stake in the company. This investment is designed to strengthen Metals One’s position in the gold market, leveraging Lions Bay’s plans to refurbish a South African gold processing plant. The move is expected to generate near-term cash flow and create opportunities for future gold acquisitions in the Barberton region.
About Metals One PLC
Metals One PLC is a minerals exploration and development company with projects in uranium and gold. The company focuses on critical and precious metals in low-risk jurisdictions, aiming to meet global demand for responsibly sourced raw materials and capitalize on favourable gold market conditions. Metals One is listed on the AIM Market of the London Stock Exchange.
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