MTC 0.00% 26.0¢ metalstech limited

News: MTC Metalstech Ltd To Spinout Lithium Assets (Cancet, Adina & Sirmac-Clapier Projects) Into...

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    March 17 (Reuters) - Metalstech Ltd (MTC) :

    • TO SPINOUT LITHIUM ASSETS (CANCET, ADINA & SIRMAC-CLAPIER PROJECTS) INTO NEW VENTURE
    • AS A PART OF SPIN OUT, MTC WILL RECEIVE 22 MILLION VENDOR SHARES
    • CO'S SHAREHOLDERS TO BE OFFERED $2 MILLION PRIORITY PARTICIPATION OFFER IN ASX LISTING
    • NEW CO TO RAISE MINIIMUM $5 MILLION AND MAXIMUM $8 MILLION WITH ABILITY TO ACCEPT A FURTHER $2 MILLION UNDER IPO
    • IN CONJUNCTION WITH SPIN-OUT, NEWCO WILL UNDERTAKE IPO TO FACILITATE APPLICATION BY NEWCO FOR ASX LISTING
 
watchlist Created with Sketch. Add MTC (ASX) to my watchlist
(20min delay)
Last
26.0¢
Change
0.000(0.00%)
Mkt cap ! $51.18M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 5448 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 423 1
View Market Depth
Last trade - 16.17pm 03/09/2024 (20 minute delay) ?
MTC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.