TM1 is pleased to announce that it has entered into a £5.5 million convertible bond facility (before expenses) with Atlas Capital Markets ("ACM") (the "Facility"). The Facility is expected to be drawn in five tranches of which the draw down of the first tranche of £1.5 million has been initiated.
Technology Minerals will issue 40,849,673 ordinary shares of £0.001 per share ("Ordinary Shares") at a conversion price of 0.612p per Ordinary Share.
Recyclus Group Ltd ("Recyclus"), has signed an agreement with UK-based shared sustainable transport operator, Beryl, to recycle waste lithium-ion ("Li-ion") batteries from its fleet of e-bikes and e-scooters.
Technology Minerals will issue 40,849,673 ordinary shares of £0.001 per share ("Ordinary Shares") at a conversion price of 0.612p per Ordinary Share.
Technology Minerals has entered into binding Heads of Agreement with European Lithium to sell 100% of the issued share capital of LRH, a wholly-owned subsidiary of Technology Minerals