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Capital Metals PLC - London-based mining firm targetting mineral sand deposits in Sri Lanka - Agrees with Ambeon Capital PLC an extension of the Ambeon option period for two weeks until September 2. This follows May’s announcement regarding Ambeon’s strategic investment of $2 million and the Ambeon option. Pursuant to the option, Ambeon and/or its third-party assignees may invest up to a further $2 million in Capital Metals at an issue price of 2.75 pence per share of which, to date, $825,000 has been subscribed for. ‘Based on ongoing discussions, the board expects that the full balance is likely to be exercised,’ Capital Markets says. Current share price: 3.00p, unchanged in London on Tuesday 12-month change: up 88% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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