Zak Mir talks to Jonathan Owen, CEO Metals One, which is advancing strategic metals projects in Finland and Norway. MET1 announced it has raised gross proceeds of £895,000 through a placing and subscription at a price of 1p per share to support the development of the Finland – Black Schist Ni-Zn-Cu-Co Project.
The proceeds from the Placing will allow for the termination of the farm-in agreement with Gunsynd PLC and provide Metals One with the option to regain 100% ownership of its cornerstone Black Schist Project by funding its own work programme and retaining greater ownership, as well as providing additional working capital.
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