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Europa Metals' Laurence Read outlines share consolidation and plans for constitution amendments

Europa Metals' (LON:EUZ) Laurence Read speaks to Proactive's Andrew Scott after announcing they're to ask shareholders to approve a 500-for-one share consolidation as part of its general meeting next month.

He says the resolutions, which also include amendments to the company's constitution, are designed to better align it with other AIM quoted companies.

He adds that further to a cost cutting programme already implemented at the beginning of the coronavirus outbreak, the board is seeking to put in place a new share option plan to help incentivise key staff.

Quick facts: Europa Metals Ltd

Price: 13.625 GBX

AIM:EUZ
Market: AIM
Market Cap: £4.56 m
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Europa Metals' Laurence Read explains investigation permit renewal...

Europa Metals Ltd's (LON:EUZ) Laurence Read discusses why they've submitted an application to the Junta of Castilla y León for a new three year investigation permit in respect of the Toral lead, zinc and silver project in north-west Spain. He says they continue to be engaged on a number of work...

on 8/6/20

2 min read