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Capital Metals Launches £300,000 Retail Offer to Support Sri Lanka Project Development

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© © jennifrog

Capital Metals PLC (LSE:CMET) has unveiled a retail offer via the Winterflood Retail Access Platform, targeting a raise of up to £300,000 through the issuance of new Ordinary shares. This move follows a recent strategic investment by Ambeon Capital PLC and is designed to involve existing UK retail investors in the company’s growth trajectory. The capital raised will be directed towards advancing the Taprobane Minerals Project in Sri Lanka, boosting operational capacity and strengthening the company’s market stance.

About Capital Metals plc

Capital Metals is a UK-listed company focused on developing the Taprobane Minerals Project, one of the world’s highest-grade mineral sands ventures located in Sri Lanka. The project targets the extraction of industrial minerals including ilmenite, rutile, zircon, and garnet. The company is committed to employing modern mining techniques while delivering positive impacts for the local community and economy.

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