Technology Minerals Plc announces that it has drawn down a £500,000 tranche from the £4.0 million convertible bond facility (the "Facility") with Macquarie Bank Limited ("MBL") and Atlas Capital Markets LLC ("ACM")
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